RE:RE:RE:RE:RE:RE:RE:RE:Trade ResumptionGanndolph and I danced around this topic "tailings upgrade and capital requirements at Bjrkdal" late last year when there was a audio review of 3Q18 results.
Duffy mentioned engineering was being performed on the tailings facility last year. It was my theory that the tailings facility is being engineered to support increased through put of the mill. If I remember Ganndoplh's post correctly, the mill can handle up to 1.7M tons of ore but is throttled to approx. 1M tons by the permit. The engineering of the tailings facility has been underway since 4Q 2018.
The slide 18 and 19 of investor presentation states a major upside in exploration/operations with unexplored high grade skarns, "minerialization in all directions" and "no challanges for gold recoveries".
The strike price still bugs me.