Re: large PP

Targeting multi-million high-grade oz. in Quebec

Windfall Lake Property, located near Val d'Or, Quebec: Indicated 538,000 oz. (10.05 gpt) / Inferred 822,000 oz. (8.76 gpt) (July 2012)

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Brewmac

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Re: large PP

in response to

Re: large PP

bananaboy

posted on Aug 21, 2013 12:44PM

Hi Bananaboy.

Agree with your opinion. Should see an increase in the ozs with further exploration, lots near surface and high grade pockets that are low hanging fruit. Attractive if production costs per ounce can be kept low and if gold starts to get above 1500/oz.

Found a good read recently in the Globe and Mail.

http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/gold-producers-squeezed-by-rising-costs-and-sliding-prices/article13706432/