RE:Current . Fruit always comments on old informationIluv, personally I would like to see gold rally to about $2050 then start a consolidation phase. SAND gets an additional 1% NSR from Equinox Gold's Aurizona mine if the POG is above $2000.
Love that varible NRS deal. 3% NSR if gold is below $1500, 4% NSR if it's above $1500 but below $2000, and 5% NSR if it's above $2000. More gold as the price goes up. This is why I own SAND.
It a lot better then tying all your gold production from Barry to a mill expansion permit. Unless that was the only way to make Barry profitable. You have to run three times as much ore to drive down the costs (narrow veins with lots of waste ore). Then again that was done when the POG was $1300 oz. Oh how I bet they wish they could take back that decision with the POG at $1950. They could be trucking it as I type.