gold production on target excellent quarterly

  1. 5,331 Posts.

    very positive news coming out of the quarterly report, the company is on track to produce 30,000 oz's this quarter and with debt retired due to the sale of their Carnilya Hill stake will be cash flow positive.

    as production costs decrease due to the end of the major capital costs associated with ramping up production at Bronzewing expect the company to start churning out profits of $7-10 million per quarter due to the rampaging gold price.
 
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