1. April 19/12- yar end report on SEDAR
(A) 6555 oz AU produced in 2011, 22,518 oz recoverable (estimated)
(B) 25,000 oz AU expected to be produced in 2012
2. April 11/12 NR
(A) 4761 oz AU produced in Q1.
(B) 5915 oz recoverable (estimated)
3. February Corporate Presentation
(A) 30,000 + oz AU expected to be produced in 2012.
4. Conclusion- Whar's the gold.
We have 22,518 + 5915 estimated oz recoverable as of March 31, 2012. We have produced (recovered) 6555 + 47 61 oz as of March 31, 2012. This leaves 17,717 oz that is expected to be recovered. Then, we are loading fresh ore daily unto the leach pads. Despite all of this, guidance is lowered from 30,000 oz to 25 ,000 oz for 2012. This also takes into account reserves fron La Jobba which is a higher grade than from the existing mine. Any opinions from the board. I emailed Chris twice asking for clarification on this and I received no response.