TSX:LSG.DB - Post by User
Post by
cashonthedashon Aug 05, 2009 9:02pm
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Post# 16194632
500 ounces...........
500 ounces...........I'm not surprized about the production, I watch the mine site closely and figure at 30000 oz production projection requires 80oz daily which means 10x40ton ore trucks @.2 grade on average. If truth be knonw I never ever saw one ore truck ever, and the newly paved enterance onto hwy 144 doesn't even have dirt on it. Don't forget this is still an exploration story with no (serious)production yet. Rick Rule stated months ago this is a Bay Street roller I guess the bankers win again. the market cap has got ahead of itself and the partys over for now. I still have a position but have sold the majority all the way up adding to my next top pick CRJ. Claude is the longest small cap production story in Canada at Seebee SK. they just hit big time in RED LAKE at Madson (which is one of Canada highest grade mines the third largest in RED LAKE ... RED LAKE presently has the highest grade mines in the world) CRJ is a sleeper and thats a fact and yes I'm a pumper.n9dfz.............