Ann: Quarterly Activities Report , page-4

GM, i cant be that positive, looks like the LGL asset which cost Billions is already showing problems despite managment talking up the future.....there are production problems in many places, Guidance has been lowered from pre and post merger, and costs are way way above the combined 348/OZ as forecast...they painted a rosy picture then and just changed it, they can paint a rosy picture now and change that, the SP is reflective of its results past and forecast and they keep missing

XJO has now broken another low below 4800..

No doubt in the long term if Gold is 15PC higher, thier costs will be higher and there is never a guarantee in mining stocks that production forecasts will be met, Its time to be cautious market wide imV