Post by
goldpoet on Oct 10, 2018 9:28am
Q4=Q3=95,592 oz produced in 2018
Would be 5,592 oz above their high end estimate of 90K
$1186 gold - $735 AISC (high end estitmate) = $451 profit margin
$451 x 5,592 oz = extra $2,251,992 to pay down debt or drill baby drill
Another great quarter may increase guidance for next year
Another one or two sets of solid drilling results Q4 would increase probable LOM
The low grade turtle sometimes gets picked up by Idlefreebird and flies ahead,unexpectedly. Kind of a Butch Cassidy and Sundance version of "Who is this turtle?"
Question to ponder: Will AGB get scooped up by an eagle?
Best to all higher grade low grade longs,
Poet
Comment by
idlefreebird on Oct 10, 2018 10:07am
goldpoet, lol... ok just a little correction my friend...AISC you used is the Canadian version lol therefore you need to use : $1186 - $565 = $621 U.S. for your profit margin... $3,472,632.. U.S for your 5,592 oz..gltal The Bird
Comment by
idlefreebird on Oct 10, 2018 10:17am
goldpoet, I agree Agnico Eagle will be scooping this up.. new reasources out by year end will show 13-14 year mine life at lowest quartile cost is definetly a no brainer... definetly bought out before PDAC and not under $3.00 a share...gltal
Comment by
salzburg1 on Oct 10, 2018 9:10pm
What ever you are smoking is stii illegal as of today.GLTA