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Re: badge792 post# 22237

Sunday, 10/20/2013 12:24:34 PM

Sunday, October 20, 2013 12:24:34 PM

Post# of 26631
We all know they've never come close to making their gold production projections. I don't recall them making any deadlines either. Heap leach was supposed to be adding thousands of ounces per quarter to the production numbers and I (again) didn't see any mention of heap leach numbers in the MDA.

Badge, I don't believe at the current POG they are in any hurry to get to 100K oz./year. I think we'll just continue to see them hobble along with what they can do until or if the gold prices ever moves higher. Of course, gold production may also depend on their obtaining financing going forward too, because we know they're deep in debt and that has to be addressed soon.
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