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ScotiaNostra

08/16/11 6:56 AM

#62260 RE: wshaw14 #62223

How wrong can you be !! Yesterday evryone was hoping for a projected recovery rate of 2 - 3 grams per c/y.

GUIDANCE IS FOR 4 GRAMS PER C/Y

The Company expects a gold grade of 0.4 g/yd3 processed during the third and fourth quarters.



I´ll take that kind of disappointment every day thanks !!

Today we WILL break into the 0.1s

Looking for VLFs updated spreadsheet for guidance as to current PPS valuation ... but I think it´s in the 0.25 - 0.3 range which is still low for a Producing Gold miner with the capability to increase production capacity 10 fold at BRCM alone (well BRCM and B&B and additional 8 - 10 geotubes) ... and a site manager will be recruited to bring Frnley online and the BlackFire deal can now go ahead before end August. That ´only´ leaves Pacific Metals.

Acually change that ... as investors do proper DD we could fly into the 0.02s today (or this week) !!

GFTA