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Wednesday, December 14, 2011 10:33:41 AM
they showed a mining company that pulled an average of 300 troy oz a week out,
what really caught my attention was just how much equipment and major water pumps they were using to do just that amount and also how much inviro damage they were doing?
holy crap and they call the Canadian oil sands bad news!
some one do me a favor and take last years 374 oz production and divide it by how many weeks they actully worked. less the down time. then forcast IF big IF they can work a full season this year how many that could be.
I shake my head when I see posters demanding production results equivilent to N. American numbers when this company is in a 3rd world situation.
burn rate is still here. I would love to see SGCP wean its self off, but that comes down to more gold production and less down time. hope 2012 is the rear to see it.
year 4/5
GLTA
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