The market has come out quite strong today with most indexes including XMM up, but XGD is taking a breather after a stellar climb since January.
I think we will see the judgement on todays ann tomorrow, after some thought overnight. I agree with the thought that the grade is fine for a mega ton mine. More drilling is likely to find the sweet spots which will make the start-up easier.
Talk of political risk in Chile Peru and Philippines does not equate to Ecuador or Columbia. They have their problems but seem more stable to me.
Ann: Assays from El Palmar confirm large gold-copper porphyry, page-29
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