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Message: Re: Record Production in Q1 2012
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M
Apr 11, 2012 08:15AM
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Apr 11, 2012 08:04PM
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Apr 13, 2012 10:21AM

I disagree silverback.

the issue isn't about capacity, it's all about head grade.

Even if they are at capacity doesn't make them more profitable. Probably they can get to capacity if they hire more people and buy more equipement... but costs go up too.

They have to get their cost per oz down. The simplest solution to this is mining a higher head grade.

Evertyhing is tied to head grade and I am starting to wonder if they actually have any high grade ore in Bissette. The head grade keeps going down and down and down.

SGR is looking more like the Titanic. A lot of hype only to go crashing down.

3
Apr 15, 2012 08:57PM
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Apr 16, 2012 12:03PM
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Apr 16, 2012 09:28PM
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Apr 17, 2012 11:58AM
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