Post by
bossu on Oct 01, 2014 10:17am
Talking with Tony! (Fiction)
Just coming back from Italie (Almaphi Coast and Rome) I have been talking (??)with Tony about the ongoing operation at Lake Shore).He told me that production is going very well and we should have a good bar showing coming soon, probably Friday with his preliminary Q3 operational report. He remembered me that the Q1 production was 59 bars for a gold pouring of 45700 oz ,that the Q2 production was 75 bars for a gold pouring of 53 500 oz,and that he made the count by himself.... for the Q3 which was 70 bars and a gold pouring of 51 800 oz. He added that the total gold pouring for the 3 quarters was 151500 oz and he now expect to see his production target of 160k to 180k to exceed 200 000 oz for the year!!! He talk a bit on the exploration front and that the Labine deposit under the mill will bring ''stunning''surprise!! He is quite comfortable with the actual gold price and he added the AISC bring a pretty good cash flow to pay debts and show decent profit. So overall a very exciting conversation and he told ne that the Q3 operational report should be published by Friday or early next week. Note:Bossu is a shareholder of the company and he is still holding long and strong!!
Comment by
dutchmann64 on Oct 01, 2014 12:33pm
LOL...........great story BOSSU.....enjoyed the lunch time read......also in this for the long run.cheers!
Comment by
bossu on Oct 03, 2014 7:48am
May be I was getting excited at my return from Italiy but the results are excellent!! However lower grade at 4.6 gr/ton but increased of mill throughput of 3490 t/d on a sustain daily basis. Nice showing Tony .I call you back at the end of the next quarter.