Yes the explanation about the drop in recovery rates is right there in the NR. They know that ore is inconsistent and have projected production taking this into account. They said they will make their production 2007 figures and exceed their gold production target.
I think they are managing this well. I sold my shares a couple of weeks ago but will continue to hold my warrants long term. Each day we get closer to Carlotta and Sierra. The market has to start pricing in something for those at some point, let alone the low PE QUA currently trades on for production from Robinson.
The only other copper I hold is Capstone.
JFF7
It's better to be out wishing you were in than in wishing you were out.
"Markets can remain irrational longer than you can remain solvent". - John Maynard Keynes
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