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Tuesday, 09/05/2017 1:10:08 PM

Tuesday, September 05, 2017 1:10:08 PM

Post# of 35703
GSC.TO - another turn around - anyone watching?

After looking for gold miner buy candidates the last week I've spotted the turn around at Golden Star.

Anyone else followed or have an opinion. Got some buy orders in which will force me to look closer if executed?

http://s1.q4cdn.com/789791377/files/doc_presentations/2017/08/Jefferies-presentation-Aug-2017-FINAL.PDF

Summary of presentation above:

5 Straight quarters of production growth and hit $785 AISC in Q2 (slide 6).

Production guided to grow in 2018 and 2019 (slide 8).

Production roughly 50%/50% between Wassa and Prestea Open Pit Oxide Ore.

Wassa is 50% open pit, 50% underground. Wassa underground grade to increase in future years.

Prestea is currently being mined from open pit oxide ore. The mine will transition to underground with COD guided for Q4-17. There is a high grade reserve of 1.1MT @ 14 g/t here for 500k oz.

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