AUD POG $1775 and GDX/GDXJ +5%, should be a good day for goldies. If DCN can get to the $1000 AISC as promised and production +50k oz per quarter, they will be generating a lot of cash and repaying debt rapidly.
Wonder if they are tempted to hedge over $1800?
Ann: Mt Morgan Ore Reserve Increases 16% to 1.4Moz, page-32
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