RE:Picking up gold nuggets from the floor It's a real problem for Kirkland at fosterville
the production next year is projected to fall as the high grade areas are exhausted
Aisc is 800 oz and that's only going to get worse with lower grades
the Canadian mine costs are not cheap either and the gold price will affect them significsntly
I suppose that's why the share price has come off from its highs earlier in the year
time for the juniors with mines coming on line at crazy cheap AISC to shine or get taken out as the big boys scramble for derisked cheap ounces
like PAV
it's going to be a killer
https://m.youtube.com/watch?v=ijyL55QKohw&feature=youtu.be