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re: 14c and we are away, page-24

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    re: 14c and we are away Hey Miningnut,
    "Disappointed to see in today's announcement that the openpit at Jokisivu was exhausted in August so we can expect lower overall production numbers this quarter."

    These are the numbers I've got from the quarterlies for the open pit mine. Till June 2010, 6323 ounces of gold were produced. According to the latest announcement, the open mine yielded 10,167 ounces of gold, or in other words there is still 3,844 ounces yet to be produced from the Jokivisu open pit since June 30 2010. Correct me if I've got this wrong, but I would've expected production this quarter to be normal at ~2500oz, followed by a drop next quarter to ~1300oz.

    DRAGON MINING JOKIVISU GOLD MINE
    date tons mined tons milled g/t oz
    Jun-09 0 0 0
    Sep-09 16565 691 1.7 38
    4917 2.5 395
    Dec-09 18239 12724 2.9 1199
    Mar-10 20460 17769 3.6 2057
    Jun-10 18631 19985 4.1 2635
    totals 73895 56086 6323
 
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