Post by
cueball40 on Jul 18, 2023 9:54am
dam what a monster hole
ya know years ago with these results this stock would of opened up easily $1.00 plus man have times changed as only up a few pennies just pathetic but very cheap here
Comment by
deepthinker63 on Jul 18, 2023 10:07am
As has been noted, it's mostly infill drilling. The point is to up the underground grade and Oz, and to provide early targets which enance the NPV of an UG mine. I think the NPV of the open pit project increases if the UG mine goes first.
Comment by
mahoon on Jul 18, 2023 10:35am
Well the good thing is that they already have the open mine permit in hand so it shouldn't be too much of a stretch to secure the underground permit .
Comment by
GoldenIdle on Jul 18, 2023 10:43am
Wow 1.9 Million shares traded before 11 am . Gold is up $28.40 this morning
Comment by
deepthinker63 on Jul 18, 2023 10:49am
You would think, but nothing's easy in Mexico these days.
Comment by
dude96 on Jul 18, 2023 12:25pm
I think they dumped it on purpose so their buddies could all get in on the cheap
Comment by
dude96 on Jul 18, 2023 12:27pm
From what I understand it's easier to get an underground permit bc that style doesn't leave near the footprint that an open mine does.
Comment by
GoldenIdle on Jul 18, 2023 1:29pm
That's a reasonable assumption almost 4M shares traded at 1:30 pm up 25%
Comment by
kojack1 on Jul 18, 2023 2:14pm
Still down 20 cents from 3 months ago, long way to go