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Message: Re: Expectations Anyone?
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Apr 17, 2012 08:36AM
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Apr 17, 2012 08:43AM
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Apr 17, 2012 07:36PM

Sorry to disappoint you nt300 but I can almost guarantee you that commercial production at Lamaque is not enough to get you a share price of $2.00.

Mining investors know that declaration of commercial production is just the start... you still improve your mining and operations to increase grades, tonnage and efficiency and lower cash costs.

I think commercial production and a few months of solid production will get you to $1.00+. But $2.00 will take a lot more than that (probably need to see 70k oz run-rate from Lamaque, 40k oz run-rate from Savkino and 30k oz run-rate from San Juan).

That being said, I think we're primed for good things ahead.


Apr 18, 2012 02:29PM
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May 02, 2012 01:32PM
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May 02, 2012 01:53PM
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