Signal Gold Inc T.SGNL

Anaconda Mining Back To Its Bad Ways

[NLMoose]

Just when Anaconda Mining is doing very well, its going back to its old bad ways of mismanagement.

You have gold sales down considerably from 5,132 ounces in the same first quarter quarter last year to 3,119 ounces in this quarter this year, which is a major decrease of over 2,000 tonnes.

Then Anaconda Mining is not willing to make up for the production and sales losses 18,500 ounces to 16,500 ounces, which is a loss of $3 million Canadian in revenue.

If its not bad enough, Anaconda Mining is starting to show cost mismanagement as production cost increased from $1,450 per ounce to $1,650 per ounce.

Perhaps now is the time for Anaconda MIning to fire their management and executives as punishment for gross incompetence and failing to capitalize on the high gold prices.

I hope the executives at happy, they ruined Anaconda Mining with missed targets, and poor management, and its us investors whom suffer as a result of their incompetence.

[sooner1]

Just sell your shares an put your mind to ease.

[NLMoose]

Or even better, Anaconda has to get its act together or they will lose out to Sokoman, Vulcan, Marathon, Red Moon, and Altius.

[SgtFriday]

Negative nillies, every board has them. On NWST.V board its (cmj1966), here its moose. Again 1/2 empty or 1/2 full? So according to most in the business, GOLD is going up. So we are mining what other would leave in the gound (1g/t) it cost more because you have to process more to get an oz. But its all profit. Save the higher grades for when gold is higher. In the mean time we taking cash flow out