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Message: Re: Disappointing today thus far on both fronts...BUT

They've been around 6g/t the last four months or so, so it's about what's expected. At 50 tpd (which should be a conservative number), that's 300 oz/month, which is ~$500k/month. So they're covering half their expenses processing waste ore. And that's before the mill expansion which should double output (and revenue) and put them somewhere around breakeven.

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Feb 07, 2012 03:49PM
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