RE:RE:NEW ALL TIME HIGH A COUPLE OF MINUTES AGOAt the 3:30 marker, he says that they already think they have the potential to "transform Fosterville again and probably again after that". Does this mean a new NI 43-101 will be coming later this summer? Imagine. We will be at $ 50 CAD next summer if they can repeat Fosterville success another 2 times. JIN
PulpCutter wrote: Reason for buying may simply be confirmation of progress (via Tumazos conf) and closeness to Q2 production numbers.
Random notes from Uttig's talk: Macassa running costs of $325/ton of ore extracted. Uttig estimates that "we will see that number going to something like $175-150/ton with new shaft #4". Uttig says when he visits the current production stopes, it is a 1/2 hour drive from the mine shaft (shaft #2).