GREY:GBRIF - Post by User
Comment by
fungi294fron Nov 29, 2011 1:08am
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Post# 19273337
Longtooth+ yello = 0 credibility = ignore
Longtooth+ yello = 0 credibility = ignoreThe information regarding mill feed and production from EP commencing will likely be skipped over by most investors reading the NR. It is the final sentences of the release and most people will only be looking at the numbers from the beginning. In all likelihood, only a select few will even look at the MDA or Financial Statement. It is expected that ore production from the EP open pit will commence early in Q3 2012, initially targeting the supergene ore zone. The mineral reserve of 51,000 tonnes grading 5.51 g/t gold is scheduled to be mined over the remainder of the fiscal year.
Ore from EP will be blended with that from Roy Lloyd and gold production from the Jolu mill is expected to be 45,000 gold ounces for the fiscal year ended April 30, 2012.
This means increased production next quarter which will not be factored in by the market. It will likely only result in another 900 oz for the Q, $1.6M Sales and $750k in Income.Enough of my B.S. Goodnight All - nice trick pacman7/11/2011 3:31:25 PM KAPSVB42
2Hi FunGi
I noticed that you are backing away from fighting with the GBN bashers, who seem to profit from beating down stocks. I have the sense that you still believe in GBN but you are tired of fighting the bashers, whose only goal is to profit from telling lies.... nothing to do with wisdom or truth..