RE:RE:Record production !
compared to last month, January 2019, they made an EXTRA c$5.0mm in pre-taxes Segovia produced in February 2,904 more ounces at roughly the same tpd (1098 => 1110) than in January, assuming same unchanged costs, 2904ounces x $1300gold x 1.33 usdcad = c$ 5 mio in EXTRA profit pre taxes all other things equal. I am even more impressed by the grading they are hitting at La Silencia. Segovia starts to look as the new Fosterville with 21% of the tonnage coming from Provicencia at whoppy 44g/t. but to come up with the overal reported 21.4g/t for February, La Silencia must have run around 15.4g/t which is above the resource statement. Again hinting the huge potential of Segovia, as they are mining higher grades out of the inferred category. This is crucial. To me it looks like market is not getting this. Trappist