Claude seems to be perking up a bit lately if you check the chart.
Quarterly earnings will be released Aug. 13. I expect them to be bad. But I want to hear good news for the rest of the year. I want to hear that they are starting in on mining the L62 Zone. I want to hear updates on drifting and drilling on the Santoy Gap. I want to hear that they have a new and improved mine plan that will take them to 100,000 oz/yr.
Yes, I want a lot. But Claude owes us a lot.
I'm underwhelmed. Production is just a tad shy, and guidance lowered accordingly. Costs remain over $1,000/oz. Production from L62 won't hit until 4Q. No real exciting news here. Overall just blah.
Still, as with a lot of miners these days, there's nothing wrong here that a jump in the gold price won't cure.