Seems as if we have a drip sell feeder which I suspect is from the Top 20 holder. That needs to wash out before we can have some traction in SP.
Always tricky with nuggety effect when estimating average grading and so far they hit the rich vein/zones initially and extrapolated that results. The 'hope' here is that they keep finding more veins or off shoots to justify the expenses invested so the next quarter result will be critical not only for the well being of sustaining gold operations but also an improve bottom line of positive margin!
I still think if they can survive this bad patch financially, the longer term prospect with a rising POG can have the patience rewarded. More hope than reality!
ORS Price at posting:
3.1¢ Sentiment: Buy Disclosure: Held
