Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Acadian Mining Corporation ADAIF



GREY:ADAIF - Post by User

Bullboard Posts
Post by Almelindaon Mar 30, 2008 11:21am
357 Views
Post# 14922478

Outlook for 2008

Outlook for 2008

The following outlook for 2008 is contained with the financial data"  "Production targets for Q1 of 2008 are currently estimated at 6.5 million pounds of zinc in concentrate (payable) and 4.3 pounds of lead metal in concentrate (payable).  Production targets for Q2-2008 are currently estimated at 7.8 million pounds of zinc metal in concentrate (payable) and 4.7 million pounds of lead metal in concentrate (payable).  Payable metals to the mine are reduced by transportation costs, smelter charges and government royalties.

Initial shipmentof lead concentrates to offshore markets took place in August and initial shipment of zinc concentrates took place in November.  The Company anticipates shipping 30,000 tonnes of zinc concentrates (29.9 million pounds of contained metal recovered) and 12,000 tonnes of lead concentrates (20.8 million pounds of contained metal recovered) in 2008."

The report goes on to say of their exploration plans for 2008 with a new resource estimate on the Getty Deposit  anticipated to be completed early in Q2-2008.

Bullboard Posts