Grade is king. You can see from the heap of gold miners which ones are performing much better than the rest of the pack. Wind back 2 years, Every wannabe small cap miner were ramping the tonnage as a measure of size because the gold price allows the hidden fall in margin.
ORS may surprise, lets wait for the announcement. Debt free offers some protection. Will be interesting to see if AG is exploring other options regarding the initial open pit.
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