Century Mining Corporation Message Board

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Gold/Mining/Energy : Century Mining Corporation

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To: HotnSpicy who wrote (18)	4/24/2006 5:38:36 PM
From: pstad60	Read Replies (1) of 545

HotnSpicy, Yup most definitely agree. The staged approach,... slow and steady wins the race. We're not in a sprint with this company,... as it's not going to be a "gamble" on one of those exploration companies where the share prices rides on the next drill results. Our share price is going to be affected by the incremental increases in production, and the expected decreasing cash cost per ounce at Val D'or once the Lamaque underground is re-furbished. We all sense that Peggy and her mg't team will succeed in their plans to exit 2006 at an annualized 235,000 ounce production rate. San Juan Gold Mine should be up to full capacity by end of 4th qtr '06, as should the Lamaque underground. The new 100 tonne trucks begin arriving at Val D'or in the next 6-8 weeks which should also help increase the tonneage delivered to the mill from the Sigma open pit. I'd really like to see the compnay hit the Golden Champune with at least a couple drill rigs ;-) and the sooner the better ??? Just sitting back and enjoying the ride from here on in. Once the company announces this latest financing is closed, then the news can start flowing again. And I do believe they have a substantial amount of it to come out over the next few weeks months. As John Embry stated last week on ROBTV, he doesn't believe we'll see the underbelly of $500/oz gold again. That will keep us in a very strong positive cash flow position from here on in. Onward and Upward

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