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Message: San Gold Reports Second Consecutive Quarterly Profit

San4life,...ended the 4 th Qtr at 1542 tns /day with 2012 work continuing on constructing additional mill improvements and continued expansion of the tailings facility.
Projection of 100,000 for 2012 means 25,000 oz / Qtr. San ending 4 th Qtr with 1775 tns produced roughly 20,000 oz leaves one wondering where the extra 5,000 oz/Qtr are coming from. Increase Mill head and tonage is the only way for this to happen and Sans Mill is only permitted at 1800 tons then they can only raise Mill head ( gr/tn ) to capture the extra 5,000 oz/Qtr. San must operate their Mill 28 days /month x 12 months operating at 97 % efficientcy.PS; I sure hope i am wrong and looking forward to Q 1 numbers..Traps7

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