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Implanting

12/20/12 10:04 AM

#19075 RE: Southern Gal #19074

I assume this is our buddy from Zack's putting his two-cents worth into the pot again. I would agree with his optimistic outlook now with the new ball mill/other additions up and running we'll increase production. We already know that.

What we don't know and he fails to include is what's going on with the HL and where are we with the higher grade ore coming from Spain? As I recall Ralston actually upped the valuations of the Company a couple of qtrs. back based on Fifer saying we would be shipping this ore in from Spain. Now he conveniently says nothing about it. This guy seems like a "fair-weather" analyst to me.
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mjkiii

12/20/12 11:07 AM

#19081 RE: Southern Gal #19074

Southern Gal, thanks for the post.

Steve is one of the most respect analysts out there with a very good track record. I am confident that long term his target will be met. We just need some interest in the sector that GDXJ tracks. Those who would demean his background and resume just show their ignorance and slander him. He is readily available and will talk with anyone who has the courtesy to call him, and the ability to carry on an intelligent conversation.

The "so called" heap leaching "problem" is just a fictitious non-event from ignorant minds. It takes a while to build the pads and load them. Then there is the three month cycle extended to get more silver. 750,000 tons of ore is loaded and on cycle. Each month more concentrate is produced. Proof of success is seen in the capitalization of the stockpile allowed by Ernst&Young in their audited reports. If it wan not working you could not do that as any educated person knows.