2 good posts yes given the mine i would think we could see an upgrade to the current JORC from phase 1 drilling from the current 783,000oz Gold to around 1.4million oz and even close to 2 million oz and beyond after phase2.However it may surpass this figure..
Agree that if we can run to 3cps before the announcment then IMO there would be no problem seeing this company running hard once the upgrades are announced...
Arqueros IMO will become a world class Gold mine once a 2 mill oz JORC is completed as the scope for further upgrades from there will be enormous IMO
LRC Price at posting:
$1.75 Sentiment: Buy Disclosure: Held