Thread for Longs, page-73

Ok, you need to understand what the Big Fish are looking for I guess?

Instos don't want under 1Moz kite! Even below 2Moz. There's a start! They're not interested in narrow hits of high grade neither! High grade is a bonus, as long as there is enough cheap oz's in the ground to keep AISC down etc. Cheap strip for one!

Compare DEG to get a feel of what the Market desires. (pre this latest Insto attack from the bowels of hell with Shorts that is). I know we have widths here but, these follow up high grade, small width hits do nothing to increase interest/appetite. Especially when they are getting deeper! Give me lower grade, huge widths any day of the week & the Market agrees! If you don't understand why, need to do some research so you don't chase Unicorns... Btw, I am in deep here!!!