Tuesday, January 23, 2018 6:37:53 PM
This sell off was acting as if there was a giant mine disaster.
All I see is they realized a somewhat higher all in cost above estimates, for the last quarter (700 instead of ?? 600?/570?) which isn't bad. and they seem running about 4 months behind projected schedual with the developments they wanted to finish a few months ago.
I'm not expert in the mine construction and drilling system or plans, but it sounds like they moved forward into a target area, and found less dense deposits... but its a necessary part of the whole mine development. and they are able to continue and build upon it. Maybe management needs to make a more complete explanation of what theyre doing and why its not a bad disaster.
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