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Gen III Oil Corporation V.PGK

"GEN III Oil Corp operates as an oil processing company in Canada. The concern owns the ReGen re-refining technology. It provides the ReGen technology which re-refines used motor oil (UMO) to produce Group III base lubricating oil (synthetic grade oil) in marketable quantities. Group III base lubricating oil sells for approximately 50% more than current re-refinery produced Group II products. The company's ReGen process utilizes common technologies in use throughout the world, but in a configura


TSXV:PGK - Post by User

Bullboard Posts
Post by timron1on Nov 26, 2012 3:44am
174 Views
Post# 20642337

RCT.V produces 941 oz Au, 69,097 oz Ag this qtr

RCT.V produces 941 oz Au, 69,097 oz Ag this qtr

The CEO whose company (Luisman) was swallowed by Wheaton River (became a director) then bought by Goldcorp (Then he took the role of Executive Vice President of Goldcorp from March 2005 to September 2007) resides near the Mexican operation. Institutionally held by Sprott, Mackenzie, U.S Global, Libra Funds, TD and a couple of others bought at higher prices. Increased to three mine locations providing mill feed. ALONE property plant and equipment ($17 mil) worth more than the market cap ($8 mil). Dore bar furnace to be installed at one of the mine sites.

 

RESULTS

Q4

(Mar-May, 2012)

Q1

(Jun-Aug, 2012)

Tonnes Processed

17,653 Tonnes

17,390 Tonnes

Gold Grade

1.66 g/t

1.81 g/t

Silver Grade

211.89 g/t

214.32 g/t

Gold Recovery

92.36 %

92.85 %

Silver Recovery

58.63 %

57.66 %

Gold Produced

868 Ounces

941 Ounces

Gold Sold

855.231 Ounces

926.866 Ounces

Silver Produced

70,501 Ounces

69,097 Ounces

Silver Sold

68,385.98 Ounces

67,024.24 Ounces

Gold Equivalent Produced

2,207 Ounces

2,148

Developed Metres

1,704 Meters

1,295 Meters

Samples Taken

8,307 Samples

8,380 Samples

Diamond Drilling Metres

0 Meters

0 Meters

Access Road Kilometres

3.55 Kilometers

0 Meters

 

RESULTS

Q1

(Jun/11 - Aug/11)

Q2

(Sep/11 - Nov/11)

Q3

(Dec/11 - Feb/12)

Q4

Mar/12 -May/12

Accumulated

Fiscal 2012

Tonnes Processed

15,811 Tonnes

16,672 Tonnes

19,340 Tonnes

17,653 Tonnes

69,476 Tonnes

Gold Grade

1.10 g/t

1.47 g/t

1.30 g/t

1.66 g/t

1.38 g/t

Silver Grade

147.80 g/t

204.65 g/t

191.85 g/t

211.89 g/t

189.99 g/t

Gold Recovery

88.91 %

91.31%

89.69 %

92.36 %

90.77 %

Silver Recovery

57.83 %

50.68%

55.50 %

58.63 %

55.55 %

Gold Produced

496 Ounces

720 Ounces

722 Ounces

868 Ounces

2,807 Ounces

Gold Sold

488.58 Ounces

709.66 Ounces

711.54 Ounces

855.23 Ounces

2,765.01 Ounces

 

RESULTS

Q1

(Jun/11 - Aug/11)

Q2

(Sep/11 - Nov/11)

Q3

(Dec/11 - Feb/12)

Q4

Mar/12 -May/12

Accumulated

Fiscal 2012

Silver Produced

43,454 Ounces

55,589 Ounces

66,202 Ounces

79,501 Ounces

235,746 Ounces

Silver Sold

42,150.26 Ounces

53,921.70 Ounces

64,215.72 Ounces

68,385.98 Ounces

228,673.67 Ounces

Gold Equivalent Produced

1,515 Ounces

1,837 Ounces

1,978 Ounces

2,207 Ounces

7,538 Ounces

Developed Meters

1,102 Meters

1,075 Meters

1,928 Meters

1,704 Meters

5,809 Meters

Samples Taken

6,294 Samples

8,256 Samples

9,015 Samples

8,307 Samples

31,872 Samples

Diamond Drilling Meters

0 Meters

0 Meters

0 Meters

0 Meters

0 Meters

Access Road Kilometers

0.30 Kilometers

0 Kilometers

0 Kilometers

3.55 Kilometers

3.85 Kilometers

 

Fiscal 2012

Fiscal 2011

Three Month Periods Ending

May 31/12

$

Feb 29/12

$

Nov 30/11

$

Aug 31/11

$

May 31/11

$

Feb 28/11

$

Nov 30/10

$

Aug 31/10

$

Operations:

Revenues

3,334,965

3,240,926

2,869,242

2,189,572

2,413,413

2,519,254

2,022,561

2,241,251

Cost of sales

(1,604,262)

(2,236,678)

(1,726,911)

(1,946,118)

(1,083,938)

(1,806,422)

(1,832,082)

(1,848,437)

                   

 

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