RE:Commences mining high-grade sulfide ore at Selensing goldThank you.
That info confirms my analyses of a few weeks ago.
For those who wonder what this is all about, there are pictures on the website showing mining operations of Sulphides both through the benches of the pit walls and through the floor of the pit.
You will note the colouration difference ...lots of Sulphides in darkish grey and dessiminated oxides in faded orange ...and this is very cheap mining..just production drill, blast and haul away the ore .
I think we can exceed 15000 ounces per quarter with these high grades which will front load to the first several years, our best earnings profile much as was done in the original Selinsing mine.....and hopefully boost the share price above LOM fair value .
If POG hangs around $2000, Selinsing sulphide production from the new FP will be a huge tax free cash cow ,....we have millions in forward tax loss pools to offset income taxes..