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

To: GC who wrote (30385)	1/20/2003 7:10:36 PM
From: GC	Read Replies (3) \| Respond to of 34075

Thanks Rod for an answer 20 Jan 2003, 06:32 PM EST Msg. 42509 of 42509 GC(on SI) - I think you will find... ...that the 3.9K 24-hour production was a one-time "stress-test" of the plant. Normal operation of the open pit is probably five, eight-hour days a week and is currently running at the 2K tpd level. I don't think conditions down there (especially at this time of year) are conducive to running 24-hour days. Rod Hom many workers are at the mine Well this deserves a news release on hours of operation , especially when other mining companies tell , what hours of operation the mine is working at. Even at Start Up. Companies give detail's of mine operation's Hours and # of workers . 5-8's 7-8's 7/24 5-12's 7-12's More than likely they would get more production if they just handed out shovels imo A good shovel load of "Manitoba Red Gumbo Clay" weighs about 25-30lbs 1- person 10 trips per hour 80 trips per 8 hour shift = 1 ton. If they ran 3859 in 24 hrs , unless they have dirt cheap equipment on site, I see no other reason why they can not maintain 3859 tons and only improve to surpass that 3859. 24hrs a day production goes no matter what the conditions are , you make the best of them.