The mill must have trouble keeping up with the mined ore because the recent pictures show stockpiles at bothe the San Antonio and just outside the decline for SG-1. If the mill was running efficiently they wouldn't be building that much stock piled ore. Any one have any discussions with mill staff recently? Perhaps they will need to expand the mill sooner than they thought to be able to handle more than 1000 tons per day. Heard that prouction costs are holding slightly below projections.
With the recent change in the way the host Gabbro unit is structured. This will mean that they can mine for a longer time from the present main shaft. Contractors will handle the high grade down on the mechanized ramp, and this will free up the newly trained miners to develop the new found ore higher up. Winter is nigh and I doubt the Cartwright decline will start until spring even though they have the equipment now.
Most of us will be talking about the days when we had investments in one of the richest mines in Canadian history in a few years. patience will ultimately pay off. There will be lot's of money spent yet in developing this to a world class mine and share dilution will be 3 fold from where it is now just like Goldcorp, not rolled back. When we hit the TSX big board we will finally be recognized. Until then I'm holding all and hopefully picking up another 50-100k with these drops.