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American Bonanza Gold Corp ABGFF



GREY:ABGFF - Post by User

Comment by RedHorizonon May 18, 2012 4:06am
438 Views
Post# 19924260

RE: RE: RE: RE: Management Discussion on Sedar

RE: RE: RE: RE: Management Discussion on Sedar

People need to read the MD&A carefully.  For example, it says:

"During the quarter, 9,796 tons of gold bearing ore was mined with an estimated average gold grade of 0.29 ounces per ton."

9,796 tons with an average grade of .29 ounces per ton is 2,840 ounces of gold.  That is where the "about 100 ounces a day" comes from.  Apparently not all of it was sold before March 31.

GLTA

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