Would think we see something this week. They are obviously waiting to release all together. I'm not expecting anything spectacular, just solid mineable grades, in easily accessed locations.
Going to be a big 6 months for EGA IMO. Limited downside at this price and good upside potential.
Even with the ridiculous royalty tax increase, I'm hoping the AISC goes sub $1000 by DFS. I'm also hopeful the tax will get scuttled!
My football analogy of this tax is like kicking your best player in the shin, to make your worst player look better! It doesn't make sense. The jobs created and economic activity generated by strong investment in the gold mining sector far outweighs any benefit from short term budget repair IMO.
Mr Wyatt has no mandate for this tax increase, and the Libs are fools if they don't oppose it. Ok, that's my rant over. Hopefully sanity prevails.
EGA Price at posting:
27.0¢ Sentiment: Buy Disclosure: Held