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13/04/18
10:45
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Originally posted by Graphite101
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Good point - MOY 23.5c and we have similar and in some statistics far better reserves and resource for those just logging on to HC this morning ....read on ( thanks again GB )
KEY POINTS TO CONSIDER
BLK actuals in JAN-FEB 2018 are $255 -oz lower than MOY
BLK on track to produce at least 5koz-10koz more gold in 2018 than MOY (BLK 80-90Koz vs MOY 75-80Koz)
BLK targeted expansion will produce more than twice as much gold per annum than MOY (BLK 207koz pa vs MOY 100koz pa)
BLK targeted expansion AISC are likely to be much lower than MOY (BLK $1,058 vs MOY still to release theirs)
BLK having a 5 times bigger Gold Resource (BLK 6.5Moz vs MOY 1.3Moz)
BLK having a 6.5 times bigger Gold Reserve (BLK 1.2Moz vs MOY 186Koz)
BLK being able to add more resources via exploration since June 2016 than what MOY has in total (BLK added 1.4Moz, MOY has 1.3Moz total)
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People in positions of power letting their emotions control their decisions unfortunate but read the threads and announcements going back far enough regarding managements decisions you'll understand why