RE: RE: RE: Whatever HappensYes G you are right indeed. Profane language and insults won't help us out of this mess. That's for sure. As much as I like to keep calm and reasonable I can feel everyone whos more than p--ssed, cause I've been there lots of times.
After your first post I remembered a YNG-Newsletter mentioning that they are indeed producing but not at full capacity and that they would need the 14 M CDN to ramp up the throughput.
Although I remembered the words I couldn't manage to find the article.
For what it's worth I very much think that IT IS the most important factor wether they are producing and on what levels. I think, the best shot for you to get this information, is to call Nicole directly. Even so I would say, the most reliable information is the fourth quarter report. I would no expect it to be completed before March 2010.
Optimistic calculations would lead to this:
10.5 weeks of production in 2009 at conservative 1200 oz. per week at 1100 USD per oz. would result in 13.86 M USD. The managed to kill $11.7 in Q3. We have to take into account that production that didn't happen in Q3 won't be for free.
It won't be that much, they have the ore lieing on the rom pad. Lets assume about $100 / oz. That makes 1.26 M USD.
-> Maybe IFFF we are lucky, and they don't spend to much on extraordinary shareholder meetings in their basement, we could see figures around 0 for Q4.
But thats my unprofessional no guarantee whatsoever calculation.
GLTA
LEE