Confirmation Is In Agnico Eagle just released their quarterly results.
Record after record
for the the quarter
Realized gold price was $2342/ounce
Net Income $472m
Cash from operating activities $961m
Net Cash Flow $557m
Canadian Malartic
Mill head grade of 1.17g/t produced
Cash costs of $871 / ounce
Detour Lake
Mill head grade of 0.86g/t produced
Cash costs of $791/ ounce
Overall costs: AISC of $1269 /ounce
Probe's mill head grade for the first five years is 1.65g/t
Can't make records amount of money with "low" grade
ore ?