I’ll add the caveat that there may still be a CR on the cards as well and it wouldn’t surprise me if they’ve managed to selectively scrounge up a bunch of high grade parcels to throw through the mill as a batch to create a nice headline.
But I don’t believe long term they’ll get anywhere near consistent 10g/t+ grades with the level of mining dilution involved and lack of any evidence of real volumes of high grade ore at cascavel.
OGX Price at posting:
4.3¢ Sentiment: None Disclosure: Not Held