RE:RE:RE:RE:RE:RE:RE:Insider activityganndolph - Based on the actual 1Q19 "gold sales" of 15,778 ounces, the Bjorkdal mining operation should easily achieve the 2019E and 2020E gold production target. In fact, the 2019 Au production could match the 2017 gold production of 62,018 Au ozs.
The 2019 RPA shows the grades increasing over the course of the 2019 year. Sourced from Figure 13-6 of the 2019 RPA report, quarterly average grade is projected to go from:
- Q1 2019 1.47 g/t = 13,851 oz gold,
- Q2 2019 1.59 g/t = 15,131 oz gold,
- Q3 2019 1.69 g/t = 16,097 oz gold,
- Q4 2019 1.84 g/t = 17,465 oz gold
Do you forsee the head grades improving at a simlar rate over the next 3 quarters? What is your estimate for the total Au sales for 2019?
Duffy and his team have made some amazing changes in restoring Bjorkdal's Au production. It's a good news story.