Ann: Austral Gold Updates Mineral Reserve and Resource in Chile, page-2

There it is. 12 years at 17k annual. I like the slow burn strategy it gives high convexity to the futures curve of gold price. Guanaco-amancaya can keep the drills running at other exploration sites with minimal or no dilution in the shares. Lots of parallel stuff in the pipeline here austral continues to be an effective “call option” on the price of gold with no expiry and the possibility of special dividends.

looking forward to price of gold/silver rising hoping casposo reopens at some point and they advance pinguino. I added some more shares at these levels.

GLTA. Cheers