Guys, you must stop talking about desapointed production figures. The thing is it's an open mine... where sky can effect the production. Everybody on the market knows that (investors of course).
The three PR were all positive ! It's better then Q1 don't you think. How many gold producers could tell that their shares triple since september ??? It is significant ! And we're still undervalued.
I still remain that the actual rate of procudtion is around 75 000 ounces. It will remain until the heap leach will be in operation. We will then cross 100 000 ounces per year easily.
From then, taking for granted that it's 75 000 ounces|year for the next Q2 and Q3, the deal is to increase the known reserves and acquire some other lands as others are doing right now.
I still pretend that 2,50$ is the spot for January 31 at 75 000 ounces... cause at 100 000 ounces, I would had say 3,50$ since few months now !!!
If you manage the investment without beeing realistic, you will be desapointed. On my side, I'm really sure that the reality is near my expections and my 2,50$ is the target with all fundamentals and expections.
We wil soon talk about an higher level in January !!!
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