OTCPK:KRCLF - Post by User
Comment by
Goldbug52on Nov 09, 2022 8:39pm
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Post# 35087111
RE:Krr's AISC of 1069$ is a huge, huge deal
RE:Krr's AISC of 1069$ is a huge, huge dealHi Farquar :-))! Thanks for your many good posts!
Don't know if you've checked Wesdome's earnings report, just released? Loss of .03 cents per share and AISC of $1697 US per oz, lol! What's wrong with this picture, Krr at $3.40/shr and wdo at $8.90/shr? Of course we also produced more gold in the quarter!
If y'all checked a host of other gold miners, almost all have greater AISCs in the third Qtr than Karora, from Agnico at slightly over $1100, to Barrick at $1269 US, to Kinross (also just released) at $1282 US, plus a lot of other well known names up to and over $1500 US/oz!
Absent a large gold price increase tomorrow, I thing Wesdome gets clobbered tomorrow! Some may say that they have a lot of good things coming in their pipeline, well, so does Karora!
We also have that nickel which is really appreciating in price and if you check the Kitco website the stockpiles are depleting and at levels not seen in many years!