RE:RE:RE:CXB drilling update - includes 13.35 gpt AU over 3.2 metersinvest234 wrote: "putting us in a position to commence high-grade ore production this quarter, all within 12 months of discovery. With over 15 rigs operating across our operating and advanced exploration sites, I have no doubt we will continue to see success."
he is referring to panteon mine which starts this q2. adding panteon high grade should give q2 a boost.
15 rigs running. k92 is increasing rigs to 10 and i thought 10 was a lot.
If you listen to the earnings call they have at 2-3 more rigs coming, so 17-18 rigs soon. Their new presentation states they are working towards 5+ Mozs. This company doesn't say anything unless they have a very high probability of achievng it.
Undervalued and well on its way to being a 250k+ per year producer with over 5+ Mozs in resource heading into a rising gold price. Not many better opportunities than this, regardless of sector.