Re: Financials??
in response to
by
posted on
Aug 19, 2009 07:03PM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
The bulk sampling program was segmented into stope (i.e. production mining) and development segments. The two stope segments averaged 20.6 g/t (0.63 oz/t) over 2,738 tons. Four development ore segments averaged 16.0 g/t (0.49 oz/t) over 9,024 tons. The entire 11,762 ton bulk sample averaged 18.0 g/t (0.53 oz/t) recovered. It is anticipated that the majority of future ore will be derived from the stoping category versus the development....Lets keep tthis in perspective, and realise the stock make rs have controling interest how San s game is playey out. I see this confusion between flowthrough having to be spent on exploration and development and try to play the production side of the financials as a way to steal shares. I guess from a mining perspective if we are to believe that Sans Mill can tell the lag it takes to reconise the different ore , then call me a liyar,.but development ore has a higher strip ratio then production of the shrinkage mining from these stopes, so i do know their are alot of ways under Canadian Tax Law to fudge the books. I do see playing the cards in your favour, and i am Long On The Greens. My thoughts are the same from this past post . HM, its always been, feed them musrooms, and we can steal this stock. I do understand what your saying but the market looks for numbers and our share gets wacked. I see our backers drive our price down with their crosses, and then buy out the weak hands.I see Wink , Blink and Nod play this in their favour. I would have hoped that San would have said Warnning,. this last Quarter was based on getting out our Bulk Sample. We have to take consider the flough through and consider these oz as development, oh, oh i mean Bulk sample and their for we will consider these development oz as production next Quartter.I just wish San would come clean and tell us how we reached $ 185. oz and say the deeps will produce 400 tns along with 600 tns from the hinge and let the market decied.I see San struggling for the next 6 months and hoping their exploration was suffice to carry our 43-101 to the 4 million measured oz with 500,000 indicated and 1,000,000 reservers..Always reading between the lines. Long On The Greens. Traps7Re: Financials??
in response to Re: Financials?? by Hotmuck
posted on Aug 17, 09 10:20PM