OTCPK:MEAOD - Post by User
Comment by
Margreton Apr 01, 2013 11:32pm
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Post# 21195910
RE: RE: RE: Nolan says what?
RE: RE: RE: Nolan says what? That's what the seeking alpha article said LOL, it wasn't my projection.
https://seekingalpha.com/article/1310951-sandstorm-should-over-achieve-in-2013?source=google_news
In their table, Bachelor Lake is the second highest producer for Sandstorm in attributable oz. Brigus bought back part of their stream so Sandstorm doesn't have as much attributable oz from Brigus anymore.
And you can't expect the first few months of operation at 5g/t will be the same for the next several years. The measured reserves was 7g/t. 7g/t is the average of all the measured reserves. The first few months can't be sampling the exact average of all their reserves, they need to mine further to reach the other areas before an average can be reached.
And as usual, i end up wasting a lot of time with you.