Re: mbgold, please take a deep breath
in response to
by
posted on
Jun 29, 2009 01:31AM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
Hey remember nothing personal you arrogant righteous person(I'd use a stronger word but it would get deleted, funny thing it also starts with a "P"). Do you even have any skin in the game? My last recollection is that you feel that according to elliot wave theory our next move in gold is $680.00. More shares than Jay Taylor? You wouldn't know that amount as it is not contained in an official company NR now would you?
To begin with I had overlooked the lens NR. My mistake. Before you get on your coke box and start telling to read the NR maybe you should take your own advice.
Higher grade ore encountered in deep levels of Rice Lake Mine - Corporate Update - January 31, 2006
Rice Lake Mill The Rice Lake mill (1,250 tons per day capacity) will begin to process lower grade development rock and cleanup material on March 1st, 2006. Milling of development and production ores will begin thereafter once the "bed down" and San Gold Corporation – Recent Press Releases Page 18 of 22
tune up procedures have been completed to the satisfaction of management. An additional Knelson gravity circuit has been installed and is expected to improve overall recoveries from 93% to 96% which is in line with recoveries achieved in the 1930’s to the 1960’s. The primary ball mill trunion bearings have been sent out for repair and will be returned to the mine in the first week of February. Management elected to re-pour and machine the bearings prior to commencing production. The crushing circuit is now operating with belt sampling of the crushed material from the new San Gold #1 Mine currently taking place as part of the bulk sampling procedures.
San Gold management is currently evaluating development options at the two mine sites in order to accelerate and increase planned production from its base plan of 800 tons per day before the end of 2006. Spoke to Dale Ginn at the Calgary show in the Spring of 2005 I beleive. At that time he had told me that things were great at the mine, no worries, be in production within the year. Numerous other individuas called as rumours were circulating and miraculously a bit of info appeared in the NR explaining why start of production was delayed. Up to this point Dale(still get him on the phone) was leaving people with the impression that the mothballed mine only neede a little bit of tweaking to get it up and runnig. No worries mate.Lets just say that story changed. And as a matter of fact where are the results?All we were ever told by SGR was that the back up was not at their end but at the assay labs end. Those labs seem to be pretty quiet right now. So now the back up is at SGRs end.Where can I find that in a NR?Here's something you won't get in a NR. SGR dropped the ball for the mining camp. Lots of geologists, miners available but no where to put them. You research it. Asyou can see from the above NR 800 tons was planned for by end of 06. Since we have become a producing gold mine in Aug 06 we have employed over 200 people a year to run the opertion and we have never ye attained that number of tons. Hugh's drills are contracted so all the exploration is separate from SGR's "production" employees. The geologists have put the model together. So where is the 800 tpd your coveted NR said to expect. Actually more since they were "building" on the base plan of 800tpd and this is in 06. Funny thing about running out of capital. Cowen was calling for a $3 Sp before the hinge zone was even found. Good thing you know more about these things than him.Maybe you can explain to me why we haven't hit $3 in spite of all the additional great stuff we now have. Wonder why we have never hit $3 yet? Market must be all wrong, and we're right.Also wonder why also the missed production #'s have been deleted from the archived NRs.No reason to be ashamed boys since they have all been missed for legitimate reasons??? According to e. Here's something from a LSG NR that I would love to see in a SGR NR. Lake Shore Gold Continues to Advance Projects on Schedule and Budget and to Achieve Exploration Success in First Quarter of 2009 At least we have the exploration success, almost as expected, other companies are blowing by us. Again the market is all wrong. Im tired I'm going to bed.