GREY:HRIVF - Post by User
Post by
cjsellon Jan 27, 2011 8:14pm
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Post# 18037991
HRG production back UP!
HRG production back UP!Anyone else play Sudoku? If you do not kow, it's a game of logic. Well I took the Nord Gold prospectus and played HRG Sodoku. Here is the logic, they spelled out the 2010 production by facility, then all we need to do is back out the published gold production numbers and voila! HRG Sodoku. Here are the numbers. YOY we are flat, but then again we should also be $150 per oz on the plus revenue side. So we are 57% of NordGold's production numbers, and BY FAR have better facilities, which will require less capex to keep them going, then add BISSA. We are WAY undervaled.
CJ
| Q1 | Q2 | Q3 | Q4* | 2010 |
| B-Loto | 33,732 | 36,467 | 30,186 | 35,615 | 136,000 |
| BereBoy | 13,604 | 20,332 | 17,659 | 19,405 | 71,000 |
| Somita | 30,426 | 30,004 | 29,582 | 36,988 | 127,000 |
| 77,762 | 86,803 | 77,427 | 92,008 | 334,000 |
| | | | | |
| *Nord Gold | 589,000 | | 57% |