RE:All gains goneIn my mind a very good gold producer .
Now producing 4100 t/day and cash cost and AISC at
$ 656 and $ 806 per ouce are probably the best I know!
They have probable reserves for 11 years and at the end of the Q1 2023 we may expect a ''big increases in reserves coming from the infer resources .
Grades at 11 gr/ton currenttly are exceptionnal but new reserves are going to be a lower grade but still very good.
The last results : 163 meters at 10,76 gr per tom is a game changer and a gold price at $ 1800 /ounce could bring the hare price at $ 20
A one point Newcrest could make an offer to buy all the shares they d'ont own !
Of course this in Ecuador with weake stability and this is the big question.
Should that operation be in a friendly enironnement wou;d see the share price at $ 25