When SGR states 100,000 per year, they mean annualized rate of production. At the end of this year they will be producing at an annualized rate of production of 100,000 oz's per year.

I do not believe when they say 100,000 oz's production that they mean the total production for that calender year.

I believe a rate of 100,000 oz's of annualized production is quite obtainable by the end of this calender year....

JMT

MB