Post by
7Twiggy on Jan 19, 2022 11:13am
Excellent GCM results released this morning
When GCM does well Denarius does well. Nice company to have in your corner
I am no expect but looks like bang up results to me. That is a lot of gold and silver to mine. Denarius also reported on a couple of drill holes this morning. Results also look very good. Surprised at the high gold number. Looks like the market also likes the results
"For the full year, Segovia’s gold and silver production in 2021 totalled 206,389 ounces and 253,597 ounces, respectively, up from 196,362 ounces of gold and 186,122 ounces of silver in 2020. Including Marmato production up to February 4, 2021, consolidated gold production for 2021 was 208,775 ounces compared with 220,194 ounces in 2020, which included 23,832 ounces from Marmato."