Profitable Mexican gold developer using low-cost heap leach on low-grade ore to generate profit. They've done it before at Castle Gold. This is a smart management team (Doug Ramshaw and Darren Koningen) who focused on getting to first gold pour in 2021. We talk through their strategy to get Santana, and new asset, Cerro De Oro into production. Their 3rd asset La Fortuna has a slightly different profile and will be brought into production later. We like the low-cost approach (buying 2nd hand mill from the US; using heap leach; low G&A; realistic M&A). They have a Resource which they can talk to the market about. And for anyone who remembers Chester Miller and his approach to spending, this is right up your street.
Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situations or needs. You should not rely on any advice and / or information contained in this website or via any digital Crux communications. Before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice.
Crux Investor does not verify information provided by contributors or video interviewees on this site, and makes no assurance as to the adequacy, completeness or accuracy of any such information. Crux Investor steadfastly disclaims any liability or responsibility for the outcome of any investments made by users of this site or our branded affiliates. Users of this site (and our branded affiliates) should consult with their own financial advisors to assist them in making investment decisions. By accessing this site and our branded affiliates, you agree to the terms of service and privacy policy.