Its funny because lately I've been looking at some investments in which underground grades are only in the 3 g/t range - yet that is exactly where Red 5 is at with the open pit!!
Honestly with a lowish strip ratio and soft ore, this thing will make really nice money.
And underground at 7g/t or so with nice widths - that will make really good money.
The fundamentals of this mine are very good, the challenges have just been obscuring this for a time but in the end fundamentals will shine through.
the grade
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44.5¢ |
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| Open | High | Low | Value | Volume |
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