RE: RE: Quarterly Operating ProfitMaking profit-----how sweet it is. Not bad for 2 months of production at Nugget. It is nice to be that tANX mentioned the name of its partner, NIS, in its news release. It give the investors a good feeling that everyone is pulling in the same direction.
With gold prices hitting new highs, it would be great if Anaconda try to find someway to accelerate the expansion program. Any schedule can be advanced by properly addressing the critical path. Also, ANX can fell its coffers quicker by extending the Nugget Pond agreement for another 9 to 12 months (Rambler will not be ready with its plant upgrades for the copper circuit until mid-summer 2011). This in conjunction with obtaining commercial production at Pine Cove early next year with some 25,000 to 30,000 oz/yr will sent the share price to the $2 to $3 range. Then they can startup the drilling again on its iron deposit.
Good days will again be here.