G-9 : A World Class Zinc Mine with Low Cash Costs - Mexico

2009 Production Target: 120 million lbs Zinc, 15 million lbs Copper, 1.5 million oz Silver, 14,500 oz Gold & 6 million lbs Lead

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Message: Keep hitting targets!!!!!!

Keep hitting targets!!!!!!

posted on Jan 21, 2010 04:37PM

So here we have one of those companies that has yet to be valued as a producer yet is showing quarter over quarter that this mgmnt team can set and meet its targets. In its most recent 4th qrt report Farallon exceeded maximum through put and achieved record production while improving metal recoveries.

http://www.farallonmining.com/fan/NewsReleases.asp?ReportID=381516&_Type=&_Title=Farallon-Announces-Fourth-Quarter-2009-Operating-Results

IMHO then it is pretty safe to assume that the target of 2000 tpd through put will be achieved. This will certainly add value and should help to support the SP.

Cheers

Fish

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