You want to see why I have issue with managementFirst an investor would see this. A gambler not so much!!!
So all investors are well aware!!!
The Q3 report issued on November 15 represents operations ending September 30 2017. This is the guidance they gave (once again lowering it from previous)
Beta Hunt Mine Guidance
Due to slower than anticipated ramp-up during 2017, gold production guidance is lowered to 37,000-42,000 contained ounces from 50,000-60,000 ounces. Gold production is still expected to exit the year at an annualized production rate of approximately 70,000 contained ounces. With lower production for the year and production ramp up, guidance for AISC cash cost net of by-product credits for the year is increased to US$1,450-1,550 per ounce.
Read more at https://www.stockhouse.com/news/press-releases/2017/11/15/rnc-announces-q3-2017-results#x2vAQbSM7k6T6xP7.99
Remember this is to the end of September
3 day prior to the end of the quarter Shelby was presenting at the Denver Gold show
Here is the video
[url=https://www.denvergoldforum.org/dgf17/company-webcast/RNX:CN/][/url]
Watch and listen starting at the 10 minute mark.
Listen to the guidance he gives and the numbers he quotes.
Again this was three days before the Q report and the lowered guidance.
Either these guys are full of $hit or they have no idea what is happening at Beta.