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Message: AGM Web Cast and PRODUCTION

AGM Web Cast and PRODUCTION

posted on Mar 04, 2010 08:12AM
For those who have not heard the web cast of last Fridays AGM Web Cast here is the link.


Looks like we will be starting production on the Kagosi(?) property within the month starting with a 20 Ton/Hour mobile mill and if successful then Jim will authorize the procurement of 3 100 T/H plants ( this is talked about at the 34:40 mark of the Web Cast.

The details of the Mill most likely being utilized here can be viewed at the following link.



So if all goes ahead then within the next 6 month to a year we could be producing 6400 tons/day. If grades are say 1 g/t we will be looking at about 200 oz/day .... thats $200K+ per day minus expenses.

I think Jim wants to put the heat on the shorts and what better way then making money.


...Steve
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