Comment by
goldhappy on Dec 02, 2013 3:22pm
Looks good idlefreebird. 700 oz times 5 = 3500 per week times 52 weeks is 182,000oz per year. 182,000 times $300 = $54 million dollars. Yep lots of rounding off. Well on our way to paying down the debt. Hope this gold slump gets buyers rushing to the counter to pick up some shiny stuff.
Comment by
IMgolden on Dec 02, 2013 5:08pm
For October, the grade was 5.2 gpt, the mill was running 3550 tpd. Those are the latest numbers, not sure where you are getting your numbers from.
Comment by
IMgolden on Dec 02, 2013 6:57pm
It''s in their news letter they just released. for November on their web site. https://www.lsgold.com/Investor-Centre/Presentations/PresentationDetails/2013/Marketing-Presentation-nov-2013/default.aspx
Comment by
IMgolden on Dec 03, 2013 7:27am
Sorry Idle, it's just that your numbers seem a bit low given what they reported for October
Comment by
idlefreebird on Dec 03, 2013 7:49am
IMgolden , ha ha no problem .Reality is, that stockpile won t last forever at the rates they are pouring gold.The norm wil be what Tony and Dan mentioned , slightly above 3,000 tpd for 2014 .The only other change is if they hit some nice Kirkland Lake gold ha ha 16 gpt witch I doubt ha ha as they already stipulated 4.7 gpt for 2014.Dam I mistankenly dragged this advertisement ha ha