Post by
dogwag on Jan 10, 2013 6:22pm
2013 PROJECTIONS!!!!
Being conservative,they will spend only 90 million next year including drilling and mill expansion to 3000 tonnes per day and should make a profit of 100 to 110 million next year so they should end next year with about 80 million in the kitty and add from there in 2014.I think they are turning an important corner here and the share price will move higher as we proceed.
Comment by
dreaddogs on Jan 10, 2013 6:24pm
i wonder if they will issue updated reports ...how many analysts following this puppy..
Comment by
idlefreebird on Jan 10, 2013 7:08pm
dogwag for 2014 one must keep in mind, the new forcast is 150,000 onces at 3,000 tpd and from Timmins West only.Bell Creek will be adding at least 1,000 tpd, therefore I predict at least 200,000 onces for 2014 .The upward trend has started as this should be released in summer time after update from 610 m diamond drilling.GLTAL
Comment by
dogwag on Jan 10, 2013 9:57pm
IDLE, I think you have to be on the conservative side with these estimates so I would think 150,000 to 160,000 ounces in 2014.There are always things that come up in mining but we are definately going up from here!!