Will hit $1.20 again when gold breaks through $1400 decisively later this year. If/when that happens whether it holds that or not depends on infill drilling results on Masato. Apparently either the grade is lower or there are former P&P reserves that are now M&I resources after the Merger becuase Oromin was being too aggressive on resource calculation. In-fill drilling should result in a P&P reserve upgrade by end of year relative to what they disclose now.
If that doesn't happen then I would sell but I'm crossing fingers this late summer/falls gold rally is continuation of secular bull.
Also expecting production increase in H2-13 as softer oxide ore from Masato processed.
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