TSX:LSG.DB - Post by User
Comment by
bossuon Dec 18, 2014 12:19pm
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Post# 23244794
RE:2015 Guidance
RE:2015 GuidanceNot exactly what I was expecting from youTony and even a bit disappointing.Should have stayed ''silent''. You are announcing that the production is going to stay at the actual level and the grade to be 4.4 gr/ton while the mill have been miling 5,0 gr/ton for the first 9 months in 2014 which represent a 12% reduction in the average grade. So you are forecasting a 3500 t/d at 4.4 gr/t or 1 260 000 tons based on 360 days for 176 000 ounces while we are pretty sure that this year production will be around 190/195 000 ounces!! Not bad but,we we all are expecting better figures Tony. The wild card is the drilling results at the 144 Gap Zone where all the flow- througt funds ,are going to be spent in that zone. Tony, you could have announced a more aggressive news release but I know that you have had a'' big miss'' a few years ago and you are working on the safe side. We will have to be ''hoping''for the big ''HIT''for some time yet!!We look forward for the preliminary results early January and we know that they are going to be very good !I'm still going to be'' long and strong'' but I d'ont know how for how long!! Happy hollidays season everybody!!