Eric Sport said recently that they will start mining the Swan zone later this year. Grade goes up from 15g to 60g. They are also planning to be a million ounce producer in the future based I believe in on Fosterville and Macassa (800,000 oz per anum between them).KLA is also the safer way into the pilbara conglomerates via it's hoding in Novo. So add in the possibility of more exploration success around Fosterville and I would think KLA would be getting speculative dollars...50.00 would be nice!
KLA Price at posting:
$27.10 Sentiment: Hold Disclosure: Held