an excellent quaterly report IMO particularly as everything is on budget/schedule with regards to the Engenho development. It is interesting to note that the connection of the power lines is a major item for the development. I had assumed that that kind of infrastructure would already have been in place given the previous Anglo operations. I suppose the old operation must have been running off generators which wouldnt have a done a great deal for their costs.
Exploration ongoing and the review of existing data throwing up some interesting opportunities.
If gold continues its current run, I can easily see this stock moving past $1 in the short term. Not that it matters for me as I dont plan on selling any time soon - Torrecillas is the jewel in the crown IMO; take a look at AND for some inspiration.
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