hardrockminer65’s details
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High grade stopes?? are you kidding me??? they are producing 4 grams per tonne at best. That's like 1/8 ounce per tonne. In the old days that was borderline marginal grade, just as it is today. There is no "high grade". Besid... |
4/18/2013 9:39:08 PM |
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How can they say "....positioned for production growth of 40% or more in 2013 (120,000 to 135,000 ounces) and well financed." and then say ..."Production for the quarter is expected to total 20,500 - 23,000 ounces, representing g... |
3/18/2013 10:29:35 PM |
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The mill could have been completed to 3000 tpd by the end of 2012. The main problem in not meeting that date was too many delays in making key decisions at the corporate level. Too much time wasted at the corporate level trying to decide what ... |
2/3/2013 10:10:27 PM |
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I posted the comments below on December 13th. I guess the big players are beginning to clue in. On December 21st, 2012, BMO Capital Markets downgraded LSG by 60% from a target of $1.20 to $ 0.75 cents. Be careful how you invest your hard earn... |
12/26/2012 9:34:06 PM |
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I think youre a bit confused. Contractors on site tell me that the front end of the expansion has not been completed yet. I also heard that the existing grinding circuit is spitting ore out the back end of the ball mill. Just because you force... |
12/13/2012 10:06:50 PM |
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According to FT.com, SVL had 69.55 million in revenue and 26.35 million in net income. Thats pretty darn good when other precious metal companies are struggling to stay above water with negative cash flow. Their market capitalization is only ... |
12/12/2012 9:55:32 PM |
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Hey sparky, you hit the nail on the head. As an industrial electrician you say that "cranking up the feed wouldnt work and that the motors that drive the equipment will shut down if you overload them". Thats very interesting because l... |
12/12/2012 8:57:27 PM |
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I read the lakeshore news release. They say they achieved 2500 tons per day, but did they just crank up the feed to the ball mill until it spits out the other end? or is the place actually milling an average of 2500 tons per day including down ... |
12/11/2012 10:34:52 PM |
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Good point...with 70,000 tons sitting on the ground someone at the executive level must be having a brainfart eureka moment. Thats pretty much what a 3,000 tpd mill would chew through in the 4th quarter if it had been expanded from 2,000 tpd....... |
11/8/2012 1:31:47 PM |
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According to the press release, the net loss per share ballooned by 400 percent from 0.1 cent per share in 2011 to 0.4 cents a share for the same period in 2012. That note was conveniently buried near the end of the release. You would think t... |
11/8/2012 9:09:07 AM |
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