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Re: Lojiko post# 876

Friday, 03/05/2010 6:47:14 AM

Friday, March 05, 2010 6:47:14 AM

Post# of 26631
IMO this is a favorable PR. It takes a while to bring a large processing plant up to speed. So far they are doing a good job. Did you read the Oro del Norte results? It is nice that it is already posted as lead story on the web site. This junior miner will be moving up to mid-tier soon, now that they can show that they have long term volumes. 200,000 oz. in 2011 would be reasonable. With efficiencies and silver that could be about $1.00/OS. Still think it will trade at $3.00 by August.

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