GREY:VITFF - Post by User
Comment by
MVargason Jun 14, 2023 3:14pm
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Post# 35496605
RE:Hopefully some good production results will spur
RE:Hopefully some good production results will spur Unfortunately we are still in the penalty box for the past sins of over promising and under delivering.
A year ago we closed at $12.95 with gold at $1818. Now at $8.16 with gold at $1950.
Will probably need 2 additional quarters of solid results for a change in sentiment. The first will come in about 3 -4 weeks where I can see production of 45,000 oz for Q2 - an increase of 40% over last year. Anything less than 40,000 oz will be a disappointment, but 45,000 oz will put us on track for 180,000+ ounces this year - beating the upper range of guidance.