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Hi @Drugo, I hope the inferred AISC of $1900 -$1950/oz for the...

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GravityWaves

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03/06/19

19:19

Post #: 38886463
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Originally posted by Drugo: ↑

They used some ore form NST during the start of this quarter to cover plant cost. (according to last report).
Yet Milan says Golden Age produced produced over 1,400 oz for the month of April alone. (whether they mixed it with NST). I not familiar with this NST agreement .
This could reduce AISC by $100 easy and BLK can increase stockpile.
If Golden Age can produce another 1,400 oz during the next two months combined with the NST agreement.
Then take in the in the $130 AISC or so to raise the tailings dam last quarter.
We could be in for a major drop in AISC. Not the $1,900 you have perdicted.
I think your AISC figures are a little to large.
We have to remember this is an expoloration company trying to cover explioration costs, whether it be Potash or alternate energy minerals and future gold production. The market cap should be higher. Also look at Nickel prospects.
This is a region that is is worth money, no matter how you look at it.
It is shame that someone like MACA takes hold in the future condidering the minerals and gold.
I am little worried about Williamson open pit results as they have been delayed. ( I do not now their drilling program). I thought may be reealsed soon.

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Hi @Drugo, I hope the inferred AISC of $1900 -$1950/oz for the Jun'19 quarter turns out to be less, but they're Milan's numbers: not my prediction.

BLK Price at posting: 0.9¢ Sentiment: Sell Disclosure: Not Held
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