EXPM:HRTFF - Post by User
Comment by
Homestoneon Jan 04, 2021 12:57pm
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Post# 32215974
RE:Waiting for Godot
RE:Waiting for GodotIt would take a lot of drilling to prove up 5 to 10 million ounces.Could be that they have proved up some but with only 2 drills turning hard to say how much.A few years ago when they proved up what they have now they burned through cash like crazy.One of the reasons why the financial situation is what it is.I believe focus is on driving towards different high grade areas to mine from.It seems the mill can handle the ore, just need to get a steady flow to the mill.Gold is up 25 percent over 1 year and if that trend continues everything should work out fine.Apparently Dan the man Gagnon knows what he is doing.The 4th Q results will show.