Re: San Gold Reports Second Consecutive Quarterly Profit
in response to
by
posted on
Mar 28, 2012 09:23PM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
Record average mill throughput of 1,542 tons per day...seems they just can"t maintain there 1800 tn capacity.COO, should be getting to the bottom of this major problem here. The bread and butter of any producing mining company is runing at full mill capacity with high efficientcy and high grade. San seems to have flotation problems here missing there own guidance. I recall from the last cc mention of tailings pond work was complete and now we see still working on it.Leaves one to wonder if the pond is the hold up on low daily Mill tonage.I see continuing development absorbing cash and keeping a 6 gr average with problamatic Mill output.. PS : shorter"s have the inside short coverd...without prejudice..Traps7