Looks like the marker has treated this latest cuca news as a non event. Multiple results now been posted before HM3. I wonder if the delay in HM3 results is a good or bad thing. Soon see I guess
No point finding all this gold unless you can get it out of the ground economically
Bring on hm3 results
These guys have 3-4 months to really ramp up before big rains hit the sites that then will play out for the last quarter of the year.
Seeing the high grade ore is all underground at this point I really do not know what impact lots of rain would have on their sites but saw a recent video OGX posted on YouTube where it was pouring water underground as they worked due to rain, which suggests some shafts of the underground mine may shut down completely.
Does anyone know if there are any standard rules in mining if it rains so much they all stop working? Like if the snow is x amount deep kids don't have to go to school?
OGX Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held