RE: 4Q Outlook....Transitioning.......Kwel2:
RE:"unconfirmed second hand reports, aka "exit interviews", suggest that the replacement of some personnel with "hands on" (nuggety ore) experience is well underway. Recall CMD (Exall's) operator/contractor was very familiar with this challenge."
[S] I've always cautioned that a switch in the management does not provide and continuity of ore production. You have to expect some transitioning as the learning curve get pushed back.
https://www.romios.com/i/Maps/TimminsZoom.gif
Hence the mention of the revisit to the (past producer) Gibson as ways to reduce the reliance on the UG until the deposit can be thoroughly understood. In nuggety ore the challange is a real one. Of course the bashers have a field day as they don't comprehend the difficulties being experienced. Recall: bulk sampling the C147. LOL. Lots going on, but it will take patience.
BWDIK? WD is to be commended for providing an early warning after the market close. The revised targets for 2012 suggests that the stope definition drilling and interpretation will take time. Definately not a stock for the impatient.
GLTAL-GLAP
Cheers
Stanley