West Side Story...The following Presentation, illustrates what the delay of Underground Production at the Black Fox Mine is all about:
Go to slide 16.
https://www.snl.com/Cache/1001168718.PDF?D=&O=PDF&IID=4288058&Y=&T=&FID=1001168718
The green is the completed ramping system which will allow access to the stope (red) and the grey is future expansion of the ramping system which should be completed by early November, 2012.
The grey is causing the delay which as mentioned by others is a "good thing". This most prolific stope has proved to be much larger and deeper than initial findings which justifies the delay....the market should push past this.
In order to get the mining sequence correct and extract the most resources possible from this stope, initial access must be deeper into the Mine...Nice!
They had planned to access ore with their present infrastructure to-date and would of been into the ore and producing right now which would of brought the numbers up accordingly.
Upon further review it is no doubt a very good decision by the Management Team and we will be rewarded in regards to future gold production which will come in the form of high-grade (6g/t.) feed at an average of 400-500 t.p.d. by February, 2013.
Digger144