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properlynumb

04/08/11 6:08 AM

#53217 RE: eyeamgame #53216

I compleatly disagree.
Although the bar is set mutch higher with the added equiptment.
Maintainance, fueling, manpower....
The company will become proffitable this year.
We came close last year.
Production improved by a factor of 6.5 in the latter part of the dry season:
March 13,2010 26 oz. gold and 26 pcs. diamonds.
http://www.sierragoldcorp.com/field_reports.php

July 15th PR:

" during the first 6 months of 2010 the Company produced 197 oz of gold and 137 pieces (52 carats) of diamonds through its various operations."
http://www.sierragoldcorp.com/press_detail.php?recordID=92

(171 oz. gold were produced in the last three months)

Given this history:

This year:
105.3 oz. gold X 6.5 = 684.45 oz gold

Do the math and stop emotionalizing history.
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mdb1

04/08/11 7:22 AM

#53219 RE: eyeamgame #53216

eye, we will profitable this year.
105 + 400 + 300 + 100 + 50 + 30 + 20
Here my forecast
Dec - Mar 25 : 105
Apr : 400
May : 300
June : 100
July : 10 + 40 (from sand concentrate)
Aug : 5 + 25 (from sand concentrate)
Sep : 20 (from sand concentrate)
== 1000 oz gold == $1.4 million

Figure diamonds will add additional $250,000 (1000 sellable carats
Farming $20,000

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Imo company should begin small alluvian open pit mining say within 50 feet of the river. There must be "elbow" turns in the rivers that have centuries of accumulated ancient gravel deposited as the rivers deposit and cut new virgin territory on the turns. If they did this they could operate the small open gravel pits from Oct thru May. Dredge from Jan thru June. Process overburden concentrates from July thru Sept.