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Re: Alvie post# 1777

Thursday, 02/13/2020 5:23:01 PM

Thursday, February 13, 2020 5:23:01 PM

Post# of 1870
It may be they are being much more conservative on their predictions.

"Due to limited stope inventory, production mining in the fourth quarter will focus on maximizing tonnes to the mill, and all stopes above cut-off grade of approximately 5.0 grams per tonne gold will be mined and processed as they become available. The updated life of mine plan, which is planned to b"

I may be wrong, but I believe that the decision to process lower grade ores may very well greatly increase our mine life. We will know the answer to this on March 31st.

I did sell some immediately when this Q was released, because I felt it would drop, but yesterday and today I replaced what I sold. If they dont preform over the next few Quarters, they may very well get bought out by one of the big boys. JMHO