Clarification Gold Mined & Poured
Clarification Gold Mined & Poured
I now see what people mean by the confusion by of the title Gold Mined & Poured.
I must admit, when first I saw this number, I immediately understood it as ore mined and stock piled, due to the seasonal limitations of the pit. To me is was clearly obvious that this number had nothing to do with produced gold.
Personally I only focus on the gold sold number !
But I can see how people can interpret this name with produced gold.
Obviously PTQ need to spilt these numbers or rename the title. Obviously the numbers need to be broke out per QTR under the following names.
Gold Ore Mined Oz.
Gold Ore Stockpiled Oz.
Gold Produced Oz.
Gold Sold Oz.
PTQ will substantially increase production with the 4th mill, by end July 2011.
PTQ will substantially increase production with the heap leach, by year end 2011.
Both these events will cause a substantial stock price increase.