Post by
tigris72poo on Feb 26, 2022 7:19pm
grade x width
those are some really really spectacular g x m intervals they are hitting undergroubd. My understanding is that that a big part of the increased minig costs at Haile are from the need for more tailings facilities. If they get the permits to mine U/G and start blending this high grade ore into the mill feed, they shpuld be able to produce a lot more oz of Au with less waste (higher grade and no stripping) so that should make Haile much more profitable. Does nobody care? Didipio is already one of the lowest cost mines in the world. If WKP comes on too, we could really have a very diifferent cost structure over the next five years. The analysts targets are a joke.
Comment by
Timster61 on Feb 27, 2022 11:51am
Agreed! OGC's Share Price was higher before Dipidio received their extension. Dipidio alone is worth the current market cap and it's added nothings so far - gold has not been on anyone's radar with growth stocks tanking and energy and value leading - Russia/Ukraine along with a struggling economy brings gold back in focus As these catalysts continue to play out the upside is 2-4X