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Posts | 7168 |
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Alias Born | 03/02/2013 |
Tuesday, December 30, 2014 8:51:08 AM
TSX: SGR
Growing Canadian Gold Producer
Large Resource Base: 3.4 million oz Au
Established Infrastructure
MANAGEMENT ACTION PLAN
* Achieving Profitability
1. Focus on most profitable ounces.
2. Reduce stope sizes to minimize expense, capital cost, and grade dilution.
3. Minimize near-term surface exploration.
4. Adopt longhole as primary mining method with increased conventional.
5. Develop access to zone extensions with 16 Level tracked haulage.
6. Reduce overhead expenses.
7. Reduce spend outside Rice Lake gold belt.
REALLY ? These SGR shares are presently halted!
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