re-cap
posted on
Jan 16, 2008 03:48PM
Let's recap our progress in laymans terms:
- Castillo production is up and ahead of schedule, curently waiting for new estimate and mining plan. (Q1)
- La Fortuna drilling- excellent historical grades, not 43-101 compliant yet. Should not take long to determine reserves. Possibly mine #3 this year. (how long will this take?) Potential for 1-3 million ounces of gold.
- amost 1 million indicated and inferred ounces of gold for the company today.
- Potential for .5-1 million more ounces of gold in Guatemala at least
- Activley persuing (aquistion/merger) other potential heap leach projects with 1-3 millions ounces inferred and indicated, to add to our pot
- Nevada- what are we doing?
- annual production of 45-50K ounces this year.
- POG- +1000.00/ ounce
- sounds to me like $5/share.
We are all here to see our portfolios increase, so lets get to the numbers and give some estimates, calculations, predictions (educated guesses) And please correct me or add to the above.
Barz