Production costs are up as deflector mine moves toward steady state... It's unknown what margins will be, guidance was $1000 per ounce and now new guidance is significantly more... Investors are waiting on the sidelines till new guidance becomes evident after steady state... If your a punting man, it's a bargin price at the moment, and if your expecting higher gold prices to continue, it's a great buy, I'm personally waiting a while longer, as it will be at least next 1/4 report before costs of production update. Is in, and probarly 1st quarter of next year before new guidance is in.
DRM Price at posting:
61.0¢ Sentiment: Buy Disclosure: Held
