sold a chunk this week out of fear the Coup leaders plans.Shooting his mouth off again about not needing foreigners to produce gold. And now he's sacked the PM and replaced him with his buddy/press secretary. Not sure if he's planning to do an out and out snatch of the mines, or just doubling/tripling the tax/royalty rate. I still own a position and would love to double it tommorrow if I knew what exactly the coup leader had in store for the gold sector. Without this risk, the metrics of the company are fantastic, given the next few quarters will be in the 35,000 oz production range, with a dramatic drop in AISC per onze as fixed production costs are spread over a larger number of oz produced. And in a years time we of course get the bump up to 170,000 plus oz's.
Even with the 520 mill murderous dilution the CEO visted upson the shareholders, one would be able to buy with both fists-----but the B Faso risk is real real concern. Wish this was a 12 dollar stock where you could buy yourself $10 options. The premium cost would be worth it.