GREY:CLGRF - Post by User
Comment by
Bottleson Sep 20, 2012 2:14pm
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Post# 20391904
RE: GROWTH = Rising Share Price!
RE: GROWTH = Rising Share Price! December,
Thanks for posting the yearly chart on ounces produced per year.
Do you see how much gold was produced from 1997 to 2000? Those results reflect higher grades produced per tonne.
For Seabee to grow production, you either have to expand the mill so that you can produce more or you have to produce higher grade rock. By the end of this year, Seabee will start producing from L62. At the end of next year, the Santoy mine will start producing from Santoy Gap. By the end of this month, mill expansion should be completed.
Sounds like a growth story to me!
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