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Message: Re: SXR- Odlum loading up before halt
1
Nov 20, 2012 03:19PM

Nov 20, 2012 03:26PM

I am not sure if SGX should be considered the cause of the loss, however we could call it a slight contributor. I believe the "cause" of the loss is the lower head grade acheived in Q3. I was expecting much higher. The other thing I am not sure of, is that they sold 24,000 ounces, yet produced 27,000 ounces. Was that 3,000 ounces included in the quarter.

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