any day now. Now is not the time to trade gg. If reserves disappoint then and only then I will revaluate and trade or sell. I will stay long if they are what I think they will be. Longs should be rewarded soon for their patience.
McArthur hinted at the investor conference that the Penasquito updated reserves would not be double just yet, but they would be good. It sounded that the potential to double was their in the future, thats why they are not in the buy mode but into organic growth. Kevin is a sharp guy, if he has gold on his land he will find it. Telfer will find way's of promoting gg worldwide.
well said. for what it's worth, as far as just proven and probable adds, I think we could expect near 3M ozs from Eleonore and another 3M-4M ozs of gold plus 300M-400M silver from Penasquito. Using a 50:1 silver to gold equivalent that would be like adding 8M - 10M ozs of gold increasing their proven and probable reserves from 37M ozs up to almost 45M-50M ozs. Penasquito could even be more and that is not including any addition to M&I. This pending reserve upgrade will have absolutely a MATERIAL impact on the share price, period, simple.
Its about expectations, and you expectations are the same as mine.. check my post history almost identical.. that means GG needs to beat those estemates to have an impact because the rest of the street expects the same.. dang.. I hope we beat....