RE: RE: 147 Zone is not part of Sandstorm DealAmanthinketh:
[S] Nice to see that you're still positive on BRD for the patient. Thanks for the reminder:
1. "I spoke to Jennifer / IR at Brigus and asked specifically about 147 Zone. Jennifer stated that the 147 Zone is NOT part of Sandstorm deal and therefore 100% of future production from this area belongs to Brigus. The Brigus website has a well defined map in the July Investors Presentation.
https://www.snl.com/Cache/1500034456.PDF?D=&O=PDF&IID=4288058&Y=&T=&FID=1500034456
Shows 147, Gibson, Schoolhouse, Grey Fox and most of Pike River are all outside of the Sandstorm Deal.
2. Will be good to hear the 2Q conference call on Monday August 15. It will be better if we can get some guidance on how we are proceeding now that we are officially in the 3Q 2011.
3. September marks the start of the traditional "best" season for gold. August is traditionally one of the weakest months for gold and we are sitting above $1600 in August. <sitting at $1700+, this AM>
4. It has been a long long wait, but I am still here, and I believe the payoff will be worth the wait.
5. Brigus is in production open pit and under ground, six drills are turning and core is suggesting the new discovery areas south of Black Fox mine will be worth applying for new mine permits.
6. Focus appears to be on Timmins rather than Sask. The selling by former lenders and brokers ought to be running out soon.
7. My bet remains on Gold and Brigus is taking Gold out of the ground every day. Once the tide turns for the sector, Brigus should should should be ready to finally earn a little respect in the market.
[S] RA appears to understand the optimizations possible by revising the last Mine Plan to substitute mining methods that are less (grade) dilutive while being more (tonnage) productive. This results in more LG heading to stockpile (hopefully) destined to a custom miller ; round 2 .
BWDIK?
GLTAL-GLAP
Cheers
Stanley