GREY:HRIVF - Post by User
Post by
Mongoose123on Apr 28, 2010 8:44am
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Post# 17038517
Berezitovy Production
Berezitovy ProductionBerezitovy did not produce 87 k ounces during the last quarter of 2009 as reported in the post by ccharlwood. In fact it produced this amount for all of 2009. Therefore the potential impact of the crusher problem at Berezitovy during February represents at most a potential loss of approximately 7,500 ounces of production (not 29,000 ounces). And has been pointed out by others this lost production is essentially defered to later in 2010 at a potentially higher gold price. The overall impact to HRG's first quarter 2010 results is not dramatic.