I guess they are looking through the clutter and chatter and noticing that management are performing better than the DFS in terms of throughput and total cost.
The July 17 reserves with a grade of circa 1.4 oz/t have been the hand brake.
The Sept recasting of reserves will be the telling story.
IMO if the reserves stay down at 1.4 g they are a cot case. if they come in at 1.7g or better it changes to a bonanza at these prices.
Who knows??????
Its a gamble. Bargains always are.
BLK Price at posting:
4.6¢ Sentiment: None Disclosure: Held
