Re: Commercial production is confirmed.semantics
in response to
by
posted on
Jun 18, 2012 11:30PM
It is a mystery to me what all this chatter is about...the only meaningful info would be a NR that confirms we have 2-3 months of consistent commercial production and secondly that the propects of us having a reasonable profitability each month are quite good...ie for me a reasonable expectation of profitabilty would be a minimum of $50,000 a month as a starting point. The third item would be that we are agressively pursuing new feedstock ie fresh ore for the mill. When we hear something on the above 3 points..it will likely start to move the SP...that is if anything can move the SP in this market.
On timing... if the upgrades..based on recent NR's were just completed in May/June...I doubt we will see a meaningful NR until August...hope I am wrong...JMO.