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Message: 60 000 oz for 2009
1
May 21, 2009 07:42AM
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May 22, 2009 05:48AM

May 22, 2009 05:51AM
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May 22, 2009 05:59AM

HAHA, i believe once again when i see it.

I knew the financial would be bad, was expected them to mill a few more oz then they did the previous quarter. You'd think by nowe we would see a steady trend going up to be able to achieve 60 000. So i will keep my expectations to a low 15 000 oz of gold sales for 2009 with loss on the year of around 20 million (8.5 Q1, 5.5 Q2, 4 Q3, 3 Q4). At least if they beat my targets ill feel better (and they actually have shot at hitting them).

Can anyone explain to me why there is such a drastic difference b/w Countained Ounces ang gold sales?

Since Q2 2007 they have recovered 26 046 oz but only sold 17 057 oz, thats would imply a recovery of 65%? is someone pocketing the rest? are they just keeping it in the bank and not selling it?





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May 22, 2009 06:49AM

May 22, 2009 06:50AM

May 22, 2009 06:58AM
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May 22, 2009 07:09AM
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