RE:RE:Money PitDidn't Gwen just recently say they were in the process of drilling enough inventory to
keep the mill going for a year and they will continue to drill in order to stay well
ahead of mill production. That is a reasonable explanation why they are not rushing
to get into production before this goal is achieved.
In the meantime they are working dilligently to get their PFS out near month end.
In addition, they are mining to get a bulk sample and run it through the mill. This will
not only reveal what kind of grade to expect but also help to tune up the mill. There is
a lot happening simultaneously.
Unfortunately for them, they, like everyone else is caught up in the downdraft of the
gold price drop and the selling that goes with it. That for me was my biggest worry
and sure enough, its happened. Enthusiasm cools quickly when the price goes south and investors start to get cold feet. To get a mine up and running before the
commodity runs out of steam is always a challenge and timing is most often a case
of luck. Let's hope that gold is near a bottom and holds this level.