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Message: Re: New Report available on SGR
6
Nov 03, 2008 06:07AM
2
Nov 03, 2008 06:20AM

E, if the production isn't better than 400 TPD by now, then hiring Berzins was a complete waste. I don't doubt that they are averaging closer to 800 TPD, with an average grade of 0.3 oz output thru October. This was the goal and with lower expenses via diesel and reduced payroll other than miners, the goal of being cash flow positive in the 4th qtr is still obtainable. These reports tend to be very conservative, and are paid for by the companies that they right about. Just plain advertising.

1
Nov 03, 2008 07:32AM
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