TSX:SGR.UN - Post by User
Post by
dogwagon Oct 11, 2012 3:42pm
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Post# 20474641
NUMBERS ARE INCORRECT!!!
NUMBERS ARE INCORRECT!!! Either the GPT is wrong or the ounces produced is wrong.SIMPLE MATH(I THINK) O.K. 191,105 tonnes x 5.21 GPT divided by 31.103 x 93.3% =29,866 ounces.The actual GPT should be 4.71 x 191,105 tonnes divided by 31.103 x 93.3 %= 27,000 ounces.Try it and let me know,this should be correct!!!!!The grade should be 4.7 GPT and maybe that s why the stock is down.Anyways,I sold my 50,00 share position with a 2 cent profit but was hoping for 10 to 20 cents on the news!!!!!