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Bullboard - Stock Discussion Forum High River Gold Mines Ltd HRIVF

GREY:HRIVF - Post Discussion

High River Gold Mines Ltd > Production results !
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Post by bart_dc on Jan 18, 2012 9:37am

Production results !

https://app.quotemedia.com/quotetools/newsStoryPopup.go?storyId=47618546&topic=HRG:CA&symbology=null&cp=off&webmasterId=94743

Preliminary production results

374K produced in 2011 !

Zun-holba and Irokinda remain stable producers...  nice

Comment by ThyFish on Jan 18, 2012 10:10am
Wow releasing early results, and they are positive???  Someone pinch me!!  The fact that production was up 44,000 oz is great but the fact that they sold it ALL in 2011 is better!   "374 Koz of gold (including silver in gold equivalent) have been sold in 2011"  This should mean unbelievable results for Q4 as well.  Does anyone have final production ...more  
Comment by bart_dc on Jan 18, 2012 10:22am
Agreed Thyfish, they are aware of the fact that they HAVE to report to HRG shareholders first. SP will follow but it might take a couple of days for people to realize what this PR means. Selling of the whole production of 2011 will make Q4 look VERY good!  
Comment by peego on Jan 18, 2012 1:35pm
"The mining license for the Bissa Gold Project was granted and the mine construction commenced." Bissa construction started, that's a big news. Except no details... Bissa has about 1.7Moz MI resources and about 800Koz Inferred, but that's from 2009 data. Anyone have any newer data than that on Bissa? They also don't tell what the Capex is, what the completion date will be, ...more  
Comment by tryte on Jan 19, 2012 11:41am
      This is great news. Fingers crossed that they might actually be interested in HRG value from here on out.   For Bissa numbers see page 176 from 2011 CPR Report of Nord Gold Assets https://www.nordgold.com/en/investor-relations/results-and-reports.aspx   Table 2.21: Bissa Life ofMine Assumptions and Input Data   Year TOTAL 2011 2012 2013 2014 2015 2016 2017 2018 ...more  
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