coyote.....niiicce doggie

  1. 5,618 Posts.
    Spoke to the company and this former mongrel seems to be getting along a lot better with his masters after he gave them a lot of grief with his training. The team is pleasantly surprised with his progress and looks like he might be actually going to fulfil his earlier promise. Not doing tricks yet but obeying commands and anyway, sometimes a wild thing develops into something special.

    Gold IS currently being produced at a rate of ~ 3-6k oz per quarter from Gonzales and this will be gradually ramped up to retire the HK loan committment and a bit of exploration, possibly even some deeper drilling at Coyote.

    Positive cash flow!!

    The grade of ore from stoping is meeting expectations and the crew are really putting everything into their work.

    Although there's been no recent calculation of the current tonnage and grade of the project, this is currently being addressed.

    I think the pup is making good progress and well on the way to becoming accepted by the pack (of gold producers).


    Cheers,
    another beast.



 
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