OTCPK:KRCLF - Post by User
Post by
Farquaron Nov 09, 2022 10:04am
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Post# 35085038
Krr's AISC of 1069$ is a huge, huge deal
Krr's AISC of 1069$ is a huge, huge dealThere are very few gold producers that have an AISC of just over 1000$/ounce and of course Krr is one of them...Krr is part of the "cream of the crop"...If they can maintain these low AISC's for the foreseeable future, then this stock will definitely outperform most junior gold stocks...I think Krr could have had an even lower AISC if they had decided to not run so much of the lower grade stockpiles..They knew they could get away with that, because that 2500 ounces of coarse gold allowed them to do it.. I think Krr will run much higher grade through the mills this 4th quarter, unless they find some more sizeable coarse gold, which would allow them to again run more of the lower grade stuff but either way , we should see fourth quarter production have an AISC of under 1100$ again .......The more Krr shows a consistent lower AISC , the more the market will reward it by raising the stock price.....Add to this the possibility of gold price rising explosively in the coming weeks and months and we have the perfect storm for Krr's share price to go ballistic...