Re: Drilling and no results of any kind
in response to
by
posted on
May 11, 2011 05:16PM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
Iceman, i gave you a 5 star rating for this question as San"s whole market deception was caused by this mining plan .. Can anyone explain to me how management expects to reduce production costs by almost half by year end when the cost of pretty much everything on this planet is going up?..............San changed her mining plan mid way after anouncing production back in 06. Exploration found huge Ice - burgs like the Hinge, 007 etc which offerd low production cost but required two yrs of development before mining actually could get strarted hence lost production targets became the norm. To-day we have seen $ 150.,million of flowthrough go through Bay st. which have not help the share price with bad press. San , to answer your question,San can add higher grade to the mill mix now that the development low grade is throught Mill as we see from Bulk samples the grade and cost could easily be $ 600 an oz..The last two yrs have open up the bottle necks under ground which well allow for faster cheaper cost along with the multiple road work allowing access to the already devlope stopes from surface. San has a good thought out plan that is developing this Gold Mine into the envy of all..PS; Iceman, are you buddies with the WPG group, i see you use bar room slurs....Traps7