gold up mun down, page-3

There are plenty of announcements to come. I bought in this week and I'm expecting an increase in SP within the next 4 months.

Christa mine should have Haulage Road and Final Development approvals. The mine is also undergoing an Operation Review. All of these should be completed by March. Mundo need to get the A$928/oz cash cost down.

Torrecillas Mine is undergoing a Mine Optimization Study which is to be completed by March. The DFS and Maiden JORC should be released by June. The grades of 19-26 g/t are good but the cash cost of A$820 needs to come down, especially when they scale up production.

Thank goodness for the high price of gold. US$1400 and climbing.