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Message: Spoke with IR today

Spoke with IR today

posted on Apr 02, 2008 12:37PM

I had an opportunity to speak with IR this afternoon and it appears we have a lot of very positive developments taking place in the short term.  Here is a synopsis of recent and upcoming developments, I did my best to take notes but I am paraphrasing:

- They're trying to incoporate some recent hinge drill results in new 43101 so it will be a little later in coming.  Want to put their best foot forward as this may be the last one they get a chance to do. This should help boost overall number fairly significantly.

- These recent drill results are supposedly the best they have seen ever at Rice Lake but instead of being at 4,200 ft they're at 300 ft!!

- 1st quarter production results and sales will be better than all of last year combined.  Production has turned the corner.

- Interesting company has asked to pay the mine a visit, and San Gold has accepted the invitation for a visit.

- 1st 1/4 results are due out by the end of the month.

- Timmins deal is a foreshadow of whats to come, can't paraphrase more than that because my notes in this area are not really clear and I don't want to mislead or mistep here.

Overall, my personal opinion is we have a lot things to look forward to in the short term.  I was very encouraged to hear about the production progress being made.  I'm really excited to see what the next few months bring us.

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