Ann: Commercial production declared on the Siana , page-16

re: Ann: Commercial production declared on th... Allow me add a ray of light (or glass is half full) perspective: Gold prices have moved up quite a bit over the past two years, so RED's revenue/profit prospects are much better now than if they started producing back in April 2010.

Who knows where gold prices will go, but RED has low enough costs to handle a significant dip, and (so far) gold prices have stabilized in a fairly narrow range.