Projected 4th Quarter OZ -
Based on history and their revised projections - 4th qtr (based on their published numbers) would be as follows:
Sigma ----------------- Q1 18,943 Q2 18,012 Q3 16,952 ----------------- SUB 53,907 ----------------- YR 73,000 ----------------- Q4 19,093 ================
Plus SJ 4,000 ----------------- Q4-SUB 23,093 ================
Plus POND 3,000 ----------------- Q4-TOT 26,093 ================
To summarize we will get 23,093 oz out of Sigma and San Juan. If you include Ponderosa the production number increases to 26,093
Note: If we could have booked the Lamaque oz we would have been over 30,000 oz for Qtr-4. (Recall that the press release said they had approx 7,500 oz)
regards, John
EDIT Source:
------------------------------------------------ Production (ounces) 2006 2007 2008 ------------------------------------------------ Sigma open pit mine 73,000 85,000 85,000 ------------------------------------------------ Lamaque underground mine - 20,000 40,000 ------------------------------------------------ San Juan underground mine 4,000 20,000 80,000 ------------------------------------------------ Poderosa 3,000 38,000 38,000 ------------------------------------------------ Total 80,000 163,000 243,000 ------------------------------------------------
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