Hi Cheapprice.For me. Where we are? MCO is about 1 year behind...

  1. 6,111 Posts.
    Hi Cheapprice.
    For me. Where we are? MCO is about 1 year behind where we should be for some others longer, prehaps the legacy of past Management and staff. with the New team we seem to making encouraging progress, perhaps one day, one day we should see grading much higher than 6.8g.

    But I do not get where Richard Karn came up with this statement as it perhaps at this stage of where MCO is at it should be 2–4 times lower at 6.8g/t considering historic grades were 26g/t

    IMO MCO should have posted "further from the fact" rather than "and here's the bigger story" http://twitter.com/#!/morningstargold

    http://www.theaureport.com/pub/na/12975
    "One interesting anomaly Morningstar is experiencing as it resumes production is that it is finding that the final ore grade reconciliations differ from the on-site estimations, often coming in 2–4 times higher, which is consistent with historic production and should be reassuring for shareholders."

    Was MCO management expecting 1.5g - 3g/t ??
 
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