OTCPK:SPVEF - Post by User
Comment by
ProtectTheQuanon Nov 18, 2018 10:02pm
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Post# 28992448
RE:RE:Touquoy LoM
RE:RE:Touquoy LoMHi Nilyab
The year over year gold priduction is from page 12 of their latest presentation, and material moved from page 32 with the exception of the EOY stock pile estimate which was from the conference call transcript. The 10.1 Mt is from the latest fact sheet. I’d like to see a reference to the total material that needs to be moved. Now that the cut-off grade changed its all smoke and mirrors. They will have 4.2 Mt of “ore” moved by EoY but what does that mean really? Maryse said the pile is divided into low-low grade and low grade but she didn’t define the amount and was pretty much silenced when she started to speak about the stock piles. Until we know what is in the pile or have a resource estimate with the low-low grade included investors are left in the dark. Maybe someone can find something in the technical bulletins that will help, but if they do they will need to keep quiet until they liquidate their shares. It takes a lot guts to invest in a stock that you can’t investigate and measure. I’d have a hard time sleeping wondering if they really have what it takes to go anywhere after Touquoy runs out.