CYL 8.41% $2.83 catalyst metals limited

Ann: Improved operating results at Plutonic mine, page-26

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  1. 438 Posts.
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    I hate stolen valor or in similar vein anybody claiming credit for other folks accomplishments. If gold production from plutonic buy us time so we get a better price on the bought deal, this will be because of the sweat of the men mucking underground and because of Etienne du Plessis geologic model which identified new gold mineralization such as 15m of 52gpt in immediate vicinity of portal and underground infrastructure. Since 18 month we got three jumbo doing development underground toward new high grade stopes. I say previous plutonic mgmt held back on putting these stopes into production 6 months ago so as to get paid $5mm from junior. We could see gold production at plutonic go verticle now as new high grade stopes with low labor cost ramp. 1.2mmt at 3gpt equal? How about 4gpt? Even with 1.2mmt going through mill we got 1.8mmt+ idle mill capacity. Barrick and homestake had plutonic doing like 300,000 oz/yr.
 
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