Post by
nozzpack on Jul 16, 2024 1:10pm
POG Breaks Through All Time high
Now at $2463 almost $20 higher.
One wonders what will be the next price eclipse....$2500 is not all that far away.
The 2022 FS was based on $1700 POG, as I recall.
It will now be that much easier to sell that Abitibi property which came as part of the Nuggett Pond mill acquisition .
Those assets were all sold , almost paying for the mill .
Stogger tight is partially permitted for mining and just a few km away from the mill.
At some point, with a bit of grade control and at these gold prices ,those 25000 ounces will be mined for interim cash flows..