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San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.

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Message: Re: News
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Apr 05, 2011 08:16AM
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Apr 05, 2011 11:29AM
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Apr 05, 2011 12:58PM
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Apr 05, 2011 01:01PM

RP, they came close to 20k already. Had it not been for the minor mechanical hickup in Jan and dilution of grade from development ore, 7.1 g/t would be considerably higher.

They are already at ~18,190 ounces.

For the quarter ended March 31, 2011, San Gold milled and processed a record 82,792 tons, including both production and development ore, at a head grade of 7.1 grams per tonne (g/t) to produce 14,690 ounces gold. San Gold mines produced 102,000 tons, an average of 1,133 tons per day, to end the quarter with nearly 20,000 tons of ore stockpiled ahead of the mill on surface (representing an additional estimated 3,500 ounces gold).

This is something the shorts will have to consider unless of course they already knew this info and covered already. Hard to be short leverage to gold when gold is hitting all times highs.


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