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Bullboard - Stock Discussion Forum SciQuest SQI

Technology Software - Application
"SciQuest Inc provides cloud-based business automation solutions for spend management. Its offers procurement solutions, spend analysis solutions, supplier management solutions, contract lifecycle management solutions, & accounts payable solutions."

NDAQ:SQI - Post Discussion

SciQuest > New Gold announcement today
View:
Post by zzzman on Oct 25, 2011 6:08pm

New Gold announcement today

I just got an email from New Gold saying that they were holding an on line conference to discuss the latest quarterly results.  They did $78 million last quarter.  They also say that they are going mine up to 400,00 oz. of gold this year.

I went on to their website and they say that their cost per ounce is $340 and their selling cost is $50 per oz.

In the President's interview in August, he said that the do not pre-sell their gold and that they are not locked in to a fixed price..  The actually get the current market price for gold.

Comment by zzzman on Oct 25, 2011 6:13pm
The announcement is on their website and Stk wtch and other stock search sites.  I neglected to add that the conference wiil be on November 4th, 2011.
SciQuest
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