Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Golden Eagle Int. (MYNG) -- Ignore unavailable to you. Want to Upgrade?

To: Jim Bishop who wrote (29726)	11/7/2002 9:39:23 AM
From: Probart	Read Replies (1) \| Respond to of 34075

Thanks Jim. Lots of accumulation the past weeks. were you part of it?

To: Jim Bishop who wrote (29726)	11/7/2002 10:07:01 AM
From: Fred C. Dobbs	Read Replies (1) \| Respond to of 34075

Thanks Jim, on the last production day of the period, the operation reached 1,104 tons, or 110% of projected capacity. The Company estimates that the operation will reach its sustained full capacity of 1,000 tons per day during the month of November. Now if they can maintain that capacity for November with their average gold grade of 1.108 grams per cubic meter, or .554 grams per ton, my god, these guys might actually be able to pull this off. Interesting that any setbacks they encountered were addressed also and did not lead to any further delays. Double capacity still predicted, pay streaks, production thru rainy season, rising gold prices, you know Virginia, "there may be a Santa Claus." By the way, BMX XXX is a video game. Nice to see Kitco's research department is on the ball.