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Message: Re: 2009 Production....38,082

Mar 26, 2010 07:11PM
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Mar 26, 2010 08:59PM
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Mar 26, 2010 09:19PM
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Mar 26, 2010 11:34PM
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Mar 27, 2010 11:28AM
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Mar 27, 2010 12:20PM

Rumor has it that production rates are up to 800tpd average. If grade is .28 that is 6500 ozs per month with San Antonio grades. When they are milling Hinge and later this year a bulk sample for 007 we should have no problem achieving 100K this year. Should equate to 55M additional cash flow because if you read the MD&A, fixed costs are looked after already. They drilled both underground and surface over 420,000 ft or 130,000 metres last year. At 150/M all in that is close to 20M in drilling. Add another 8M for ramps and new mine development, escapeways and infrastrucure that will be there for life of mine and you start to realize how profitable this mine will become in future!

JMHO

Without Prejudice

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Mar 28, 2010 07:56PM
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