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Deadfloyd

11/01/11 5:22 PM

#71171 RE: H3Capital #71169

If the new tubes are installed then their process should be more streamlined. This would allow them to keep production through the entire working day without having to stop to let the tubes settle out.

Q4 will be much better.

Q3 500-700 ounces is my target numbers.

Any other thoughts?

DF
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foxwoodsfan

11/01/11 5:32 PM

#71174 RE: H3Capital #71169

I will guess between 450-500 oz for period July 1, 2011 to September 30, 2011 (3rd Quarter) and I think they operate at a slight loss for the quarter. Hopefully we get confirmation that they are now running at approximately 80%-90% capacity entering the 4th Quarter as of October 1, 2011. Maybe I will be pleasantly surprised :-)
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hfields

11/01/11 6:03 PM

#71181 RE: H3Capital #71169

Well, someone posted increased man hours from the MSHA website. 625 oz's would be pretty damn good imo...anything above 400 is gravy imo...