TSXV:CSG.H - Post by User
Comment by
anon3on Sep 17, 2007 11:39pm
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Post# 13415328
RE: Seems like ...speedy
RE: Seems like ...speedyyou say that that next pad is Too note that second pad is mostly constructed. That will increase production levels
this quote is from their 6 month summary
In addition, the mine has begun preparation for
construction of the next leach pad. The Company expects to fund all capital expenditures from cash flow
from operations.
what do you know that we don't?
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with 5 pours by march we could say 10 by the end of june and each pour would be 1000oz - giving us 10000 oz in 6 months
the first pour in december 06 was 825 oz from 18000 tonnes loaded on the pad
i was surprised that the oz produced was only 5400 in 6 months - 8000 - 10000 oz would be the target they should have achieved