@afarmer From this week’s J Taylor’s publication:
I am hopeful of soon listing Novo Resources among my producers. As noted elsewhere in this issue, I am confident Novo is on the right track toward turning a profit from Beatons Creek. It has turned cash flow positive during May and June despite the fact that it had not yet then put into effect grade control resulting in mill head grades of 1.35 g/t gold from conglomerate that measures 2.1 g/t gold. With onsite assays before mining, I expect mill head grades will come close to the 2.1 g/t and lead to robust operating margins for Beatons Creek. I am scheduled to interview Quinton Hennigh via Zoom next Wednesday and hope to have that available to you by next weekend. But suffice it to say that regarding longer-term prospects for Novo, the target is much, much bigger than the anticipated 100,000 ounces per year of production from Beatons Creek.
J still has 18% of his portfolio in Novo Resources.