It might have to do with this insider Report from Anonymous! CORPORATE OFFICE
7001 E. Belleview Ave., Suite 800
Denver, Colorado 80237
USA
ANKARA OFFICE
Anagold Madencilik San. ve Tic. A
Aa veler, 8.cadde, 1332.sok No: 8/8
Dikmen 06460 ankaya-Ankara/ Turkey
***************MEMORANDUM******************
Dear, ********************:
“I am pleased to report that we have successfully completed construction of the pler Sulfide Expansion Project on time and under budget (****-***). In addition to corporate update filings (**** - ***), Electrical and Instrumentation, and Dry Commissioning is completed as of ***********. As a result, we have performed a successful dry run at the pler Sulfide Expansion ********** (****-***). A control pour using the plants heap-leaching treatment has also been performed *********** (****-***) with tremendous success. Indications from the pour have shown sulfide ore via pressure oxidation exceeded corporate projections (****-***).
Initial Indications have shown operational efficiencies exceeded corporate estimates with production forecasts underestimated in corporate filings (****-***), unaudited Allin Sustaining Costs are probable at $565 per ounce with production estimates greater 135%, therefore exceeding forward looking AISC cost guidance. A technical report is being formulated ("NI **-***") to outline industrial findings.
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