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Re: jb128 post# 248

Friday, 07/29/2016 8:14:25 PM

Friday, July 29, 2016 8:14:25 PM

Post# of 652
I think this one has the potential to double quickly. JMHO
Their aisc was extremely high because of outlays to make the mine safer as well as less production do to the impedance of the work. More expenses and less ounces to divide it by. They are now getting more high grade ore to mix with the low grade stockpile at Black Fox, which should give them a big increase there. SanDimas is back to full speed and has been pretty much the whole quarter and the price they are getting for the gold per ounce has gone up substantially. Think about it. even at 68K ounces $150.00 increase in sales price is is $10.2Million more than they took in Q4 2015. Again, JMHO
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