with over 24k ounces gold foresold under $1700 when AISC forecast to be 1500-1700, BLK will break-even at best for the next 1-2 quarters. spot gold is now well over $1800. how stupid the management is ! What I worried more is: there was always an upbeat outlook every time the company had a disappointing quarter, but this time they didn't even make such a mention, this indicates the next quarter will be doomed.
BLK Price at posting:
3.0¢ Sentiment: None Disclosure: Held