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Message: mining new discovery immediately? Profitable for Q4 2008?

mining new discovery immediately? Profitable for Q4 2008?

posted on Dec 01, 2008 09:48AM

So my understanding is that this new area is accessible currently and they can start mining it immediately? In other words they can start feeding in some 0.40 oz / tonne in the mill like today and keep feeding it all year. If average grade was 0.09 before that, we can expect gold sales to be up 400% plus? I realize they are not feeding 100% of the ore from this one location but if they where suppose to be breaking even or getting near even this quarter then now they are saying they will be feeding in higher grade then they anticipated, then one should be able to assume they should be profitable this quarter.

I hope my assumptions are correct. but i dont want to be too optimistic.

Jeff



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