CatalystsQuite some short-term catalysts coming up:
- From the Q2 MD&A: "Mining in the East pit continues to encounter zones of high-grade material which have been stockpiled in order to be used on the first lift of the new 3A heap leach pad, which should provide rapid gold recoveries."
- End September/early october Moss Mine resource update
- Official guidance following that
- Q3 2021 Increase throughput to 11,000 tpd (Q2 ~8,300 tpd), peaking at 14000 tpd.
- Graduation to OTCQX, hopefully bringing some funds buying in (by virtue of graduation + higher stock price with the consolidation, as indicated by Mike). Name change likely to go hand in hand with renewed marketing / updated website.
- Drilling drilling drilling, with operational changes to the mine plan as a result. As indicated by Mike in the recent kereport interview, they directly handed to mine planning e.g. a hole in the arch between the center and east pit hitting 207m at 0.77gpt from surface into the mine plan.
- Renewed start of drilling at Hercules end this year / early next year
I think we're finally going to see that change in the market perception soon, as Doug Hurst indicated some months ago in an interview.
I'm finally convinced I like the merger now, despite the drop in share price. Long term Mike / Doug & team definitely seem to bring the needed expertise to the table. So much is clear from all the interviews. That's what the merge from northern vertex side was all about.