RSG reached highs around $2.50 in 2006/8 and today is approx 66% lower when many gold producers are near their high's. Not surprising when you look at production cost & performance especially at the suppposed Jewel - Syama.
Oct-Dec 2009 quarterley report for Syama operations -
?Gold produced during the quarter was 21,670 oz? ...
?Operational ramp up continues and plant performance
and gold production is anticipated to show further
improvement in the coming quarter.?
Jan-Mar 2010 quarterley Syama operations -
?Gold produced during the quarter was 23,512 oz? ...
?Operational ramp up continues and plant performance
and gold production is anticipated to show further
improvement in the coming quarter, despite a
scheduled mill reline during the period.?
This quarter report for Syama -
?Gold produced during the quarter was 18,178 oz? ...
?Operational ramp up continues and plant performance
and gold production is anticipated to show
improvement in the coming quarter.?
The same old story - next quarter things will be better at Syama.
Ann: Quarterly Activities Report , page-2
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