TSX:LSG.DB - Post by User
Post by
bossuon Nov 05, 2014 10:00pm
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Post# 23100311
2014 gold production forecast
2014 gold production forecastWith all the information we have we may forecast a very realistic figure for the year. The total gold poured to September 30 th is 144 100 oz for a total of 202 gold bars for an average of 713 oz / bar. Now that they have shown 24 bar for October we may easily forecast 72 bars for the Q4 meaning an extra 51 300 oz to the gold poured to September 30 th. or 195 300 oz for the 2014 Just to say that the top end of the 2014 guidance of 180 000 oz will be better and I d'ont see why Tony should put the brake on the stellar performance shown to date.It is too late and it would disappoint investors.It was a show me story and LSG has delivered. What we need now is a revised proven gold reserve number to expand mine life and of course a stabilization in the gold price erosion !