GREY:CLGRF - Post by User
Comment by
clestoron Jan 21, 2013 10:48am
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Post# 20866219
RE: RE: RE: CRJ - News Out
RE: RE: RE: CRJ - News Out A few thoughts . . .
guidance was for headgrade of 6.0 gpt, but since they came in a bit light at 5.86, then I assume cash costs / oz are a bit higher than we expected.
They have been saying production growth of 10% compounded annually. But, 2013 guidance midpoint of 52k oz is only a 5% increase.
I was expecting the mine plan back in Nov, but maybe the delays tying in the shaft have delayed the mine plan. I duuno . . .
This press release issued on a day the US mkts are closed.