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twilko

08/28/08 12:40 PM

#2324 RE: Lawrence 147 #2323

You are right that this PR does not look good for those that are math friendly. The first runs were with sterile material, so should do better. Your hopes are well founded. Price of gold should go up, and production should do better. Let us see if they can do it!
Terry
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big_island

08/28/08 12:55 PM

#2325 RE: Lawrence 147 #2323

What dingbats! What do you mean 'not a good PR'? This is the absolute first sign of life that this company has ever demonstrated. It is producing gold. That's a big freakin' deal. What do you want? Up till now it has been only talk about production, and many folks thought it would never happen. Well, this excellent PR reports something meaningful . And you're a bit premature to be criticizing $21K for an operation start-up. It's a start!!!!!! (And you think Au going up a hundred bucks or so per oz. is going to make a diff? Your arithmetic is really lacking, in all aspects of you understanding the PR.

This is outstanding news. They're in business FINALLY.....
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ironyman

08/29/08 12:15 PM

#2329 RE: Lawrence 147 #2323

Lawrence,,,I agree with your assumption. There are royalties and secondary processing expenses which also need to be considered. Something around 2770 tons of material were excavated, hauled, crushed, processed, and repositioned.
---They likely won't make anything unless they start getting over .4 gpt and gold is above 850.00.... JMO