Canadian dollar has weakened to $1.289 today and with gold at $760 = $980 CAD so it means regardless of whether canadian $ is weak and gold strong or the reverse, we stay around the $1000 canadian mark. Great! Now they say oil is going to hit $30 and DOW = GOLD in 2009. Do I need to say more ?
http://news.goldseek.com/PeterCooper...
Art27
http://www.miningmarketwatch.net/ind...
"if we go down we get better grade obviously, there is better grade down the shaft, and if we did a mix of say 700 tons of Bachelor ore and 500 tons of Barry ore we would probably get an average of close to 7 grams, the idea is to manage your grade, manage your cash flow, extend mine life, and keep exploring. So we feel could get the mill up to 1200 TPD probably within 6 months and we feel we could get the shaft somewhere by 8 to 10 months time frame."