OTCQX:RPMGD - Post by User
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Fullplateon Sep 29, 2017 1:36am
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Post# 26757137
RE:RE:3rd Quarter Production Numbers Next Week
RE:RE:3rd Quarter Production Numbers Next WeekI wouldn't set the bar at 11,000 oz for Q3 given the problems they have already admitted. That number should be Q4. Should be at least 15,000 oz in Q1 2018, with steady increases each quarter for the rest of the year. They can dig it, haul it, and crush it in very nice quantities. If they can pile it and leach it at the same rate, they can certainly process commercial rates of dore and make money.
We shall see if they have overcome that leach pile bottleneck It won't look good next week. Don't get upset by a bad number if a good one will follow it in 3 months. The stock at this price is a gift for those who don't have enough already. The jury will be in long deliberations over Howald. He did a masterful job in putting the company's assets together, but failed to match that performance by a long shot since. He hasn't failed in an overall sense in my opinion. He's just goofed up too often, which suggests a pattern. Everything thus far has been or can be fixed Good companies and executives learn, fix, move on, and don't repeat. Let's hope they can do all four of those and make the shareholders very happy.