GREY:CLGRF - Post by User
Comment by
kanadakaon Sep 10, 2014 11:02pm
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Post# 22925661
RE:Santoy Gap
RE:Santoy Gap
Im new into the stock after reading todays news. Long time follower. Tipped the balance to buy for me. I agree with you though I had been waiting for entry point. Was very good news re. gold grades widths coming from santoy and this....
""Production ramp up at the Santoy Gap is well ahead of schedule and will become the main contributor of tonnes and ounces mined from the Santoy Mine Complex for the remainder of 2014. Production tonnage from Santoy Gap is expected to average 300 to 400 tonnes per day during the fourth quarter, which is well above the budgeted throughput of 200 tonnes per day. The increase in tonnage and grade from Santoy Gap is expected to drive unit cost improvements going forward.""