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Message: Re: Revised Ormsby Numbers GOOD Sluething 20

Re: Revised Ormsby Numbers GOOD Sluething 20

posted on Apr 13, 2008 06:31PM

Good sleuthing. In line with the optimistic idea that there is a reson Dave is delaying releases. A number over 2M oz would be worth the wait, and if your gues is right, this may account for some of the delays. But the revised report will likely also be conservative, and the higher production will only show up on the bottom line when the ore is processed, not during the resource modeling.

Timing is another. Waiting for a solid floor under gold at $1,000, and a resource over 2M oz, would be helpful to start of a drive for a share price over $1.00, and listing on TSX.

SKELEG

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Apr 13, 2008 06:37PM
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