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Re: TheLastOneSitting post# 80740

Sunday, 08/06/2017 2:35:27 PM

Sunday, August 06, 2017 2:35:27 PM

Post# of 91715
$GSS 51% increase in gold production to 64,176 ounces in the second quarter of 2017 compared to the second quarter of 2016 ("Q2 2016")
Record quarterly production from the Prestea Open Pits for the fourth consecutive quarter at 31,689 ounces
16% increase in production from the Wassa Underground Gold Mine ("Wassa Underground") to 13,288 ounces compared to the first quarter of 2017, as the underground mining operations begin to access the B Shoot zone and the mine continues to ramp up
First production delivered from development ore from the high grade Prestea Underground Gold Mine ("Prestea Underground")

18% decrease in cash operating cost per ounce1 to $785 compared to the second quarter of 2016
19% decrease in All-In Sustaining Cost ("AISC") per ounce1 to $960 in the second quarter of 2017 compared to Q2 2016
Capital expenditures of $18.3 million in the second quarter of 2017, with $12.5 million (68%) attributable to development capital for Prestea Underground
204% increase in mine operating margin in the second quarter of 2017 to $13.3 million compared to Q2 2016
Net income attributable to Golden Star shareholders in the second quarter of 2017 of $13.9 million or $0.04 per share, compared to a net loss of $22.0 million or $0.08 loss per share in the same period of 2016
Consolidated cash balance of $25.9 million at June 30, 2017, with the Company remaining fully funded to deliver its capital program
Consolidated full year 2017 gold production guidance maintained at 255,000-280,000 ounces
http://crweworld.com/article/news-provided-by-pr-newswire/123862/golden-star-reports-second-quarter-2017-results
$GSS Barchart has "Buy" signal https://www.barchart.com/stocks/quotes/GSS

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