Post by
bosse on Oct 09, 2013 4:01pm
Magic Formula...
Magic formula: 5 barsX4.3 weeksX3 monthsX700 ounces=45150 ounces for the Q4 it is now easy to make an evaluation of the ongoing operation... Idlefreebird you can make a correction to the 'magic formula''!!
Comment by
TheProphetElijah on Oct 09, 2013 4:22pm
I wouldn't get too excited here just yet. Some improvements at the mine, yes. But gold will get another $200 smack down and this will be back well under .30 again. Until the trend in POG changes miners will have a big uphill battle.
Comment by
idlefreebird on Oct 09, 2013 6:18pm
ha ha bosse , you are a good student but look at the bar on top right hand side ha ha it will be include in the smaller one category and is not a 700 once healthy bar.Therefore I look at this pour as 700 x 4 = 2800 plus 350 onces is a 3150 once pour .Therefore can you see grasshopper ha ha .GLTAL
Comment by
bosse on Oct 09, 2013 6:53pm
Well Idlefreebird, I leave you in charge in the calculation of the ''Magic Formula''and I buy your ''guestimate'' Pretty confident that we are going to be rewarded to have been patient !!