San City Mine Sequencing Issue
posted on
May 05, 2008 06:28PM
Not to say Gold Corp din''t make money, but going forward i think their in trouble in Canada.The stock price on the day was only up less than 1 % and people will ask questions.Mine sequencing issues like a broken fan for ventalation or was it the lower grade stringers ( veins ) that they got less production from.Porcupine mine was flat for the quarter and Musselwhite had mechanical faillure on its under ground cruher (can"t send ore to surface )and conveyors (hard to get parts at Canadian Tire )...Canadian mines were 60 % higher cost than the Latin American mines.Exploration results on their deep drilling will not have a complete feasibility study until next yr so Gold Corp in my oppinion will have to go shoping now that the Silver Wheaton sale is complete and Analyst want resulsts.....San..just remember you have bulging veins ( not stringers )with a new infrastructure and a educated staff....just remember A CHICKEN IS ONLY A BIRD.Traps7