News Focus
News Focus
icon url

mjkiii

10/29/10 10:51 AM

#4370 RE: Bobwins #4368

Agreed. I really want to see that October production update PR next week to see if we have poured 13,000-14,000 oz. in the last two months!!! Now is crunch time right in the middle of the worst of the rainy season. If they can deliver 18,000-20,000oz.for Q2 and have direct production costs below $650.00 I will be a very satisfied investor!!
icon url

DetVicMackey

10/29/10 11:01 AM

#4371 RE: Bobwins #4368

Nice Bob. I could not have said it any better.
icon url

Implanting

10/29/10 11:14 AM

#4373 RE: Bobwins #4368

Your point is well taken and I agree. They have to get Molejon running at full capacity and get production costs down as to not be having the problems of last quarter. I think the PR explaining the problems of last quarter and how they have supposedly been resolved is what has the SP moving higher.

I assume management has made upgrades to the mine as to keep performance running smoothly now and they have the $9 mill. financing for equipment to bring the TPD up to full production, so in time hopefully we get to where we need to be.

I was just pleasantly surprised with Rocky07's view on the grades that have come out of the ODN drill results, if he is informed as he seems to be. ODN is gravy, but if they find big deposits of gold on ODN in the next year or so the SP should really take off from here. Fifer must really believe there is something there with the exploration money they are spending.

Thanks for your opinion.