Good results without being outstanding , which is what i believe was expected , so currently still on track for a profitable operation in the future .
Generally in Mexico, open pit cutoff grades vary between 0.4 and 0.7g/t gold depending on the size of the mine so we are largely in an extremely good position with these results .
On the back of the current results i think Hall Stewart and his team would be pretty pleased with what is coming out of the ground and i believe the management team led by John Skeet will be excited at the coming prospects for the areas .
Todays wild fluctuations are to be expected ... lots of people would have bought in at sub 2.5c level and they saw a chance for some quick profit taking ( and who could blame them ) , but believe me with the decent results announced those same sellers of today are going to be buyers of tomorrow , they will just be looking for what they believe is a nice re-entry point a tad lower than our closing price today but in my opinion if they don't jump back in soon they will miss the chance to repeat the profit taking after the next set of results which are due soon .
Only my opinion of course and i'm no genius .....
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- Ann: High-Grade Gold Silver - El Refugio Target, Copalquin Mexico
Good results without being outstanding , which is what i believe...
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Price($) | Vol. | No. |
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Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
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Change
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