Glencairn Gold Corp V.GLJ Message Board

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Gold/Mining/Energy : Glencairn Gold Corp V.GLJ

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To: hubris33 who wrote (15)	2/21/2007 2:12:58 PM
From: hubris33	of 19

Key Points from Press Release * La Libertad to shut by end of March * Large exploration program continues on the property * Plan to build a new mill at La Libertad * 2009 New mill produces around 90,000 oz per year! * 2007 GLE will produce 90,000 to 105,000 ounces * Cash cost for 2007 expected to be $385 to $425 per oz. * Cash flow from two remaining mines should be $20MM to $30MM. Looks to be very positive. Tagliomonte is doing the jon he was hired to do. GGG not messing around with several years of so-so operations at La Libertad, but is addressing it head on quite quickly. H3

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