I don't know about you, but that's about what I was expecting this quarter. They've been treating development ore for the quarter, they were suppose to transition to stoping ore mid december. At 5/6 g/t for the development ore, and constant milling rate of 180ktpa equals 7k oz per quarter... throw in issues at the mill and toll milling... voila you have 5.5koz for the quarter. The managers were quite open about the probs during the quarter... if you were to call Ian, I'm sure he'll spill what grades are going through the mill atm.
Cash, gold and "LIQUID INVESTMENTS" now... hrrrmmm... get back to mining and stop spinning!
RMS Price at posting:
$1.05 Sentiment: Buy Disclosure: Held
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