Post by
Fredfudpucker00 on Jan 02, 2021 12:14pm
Development
Heard that there was a push to mine N.& S. Suger Zone ramps before Christmas in a effort to use flow-through shares ,so holders could claim tax breaks in 2020. I believe there is a defined schedule for use of these shares. The $27 million flow-through shares have to be renounced by June 30,2021. Let's hope this helps open up more production areas sooner rather than later.
Comment by
Vancity1 on Jan 05, 2021 3:02am
Yes Fred, let's hope so. I have a good feeling good news is on its way !
Comment by
Homestone on Jan 05, 2021 7:45am
What good news do you think is coming Vancity?I have some ideas.
Comment by
Vancity1 on Jan 05, 2021 10:00pm
@homestone I'm expecting a nice bump in production of course and also many production efficiencies, also Drill results would be helpful and should be announced in the coming Quarterly report. Refinancing of the debt at a lower rate should also be anticipated in the coming Qs considering the very favourable lending rates and surplus of cash on hand for lenders.
Comment by
Homestone on Jan 06, 2021 12:39am
Let's hope you are right.I am thinking along the same lines.Refinancing is the big one.Pretty sure production and grade is up from what I am hearing.Waiting in anticipation for the next news release.Hopefully all good.