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

To: GC who wrote (30386)1/20/2003 7:51:01 PM
From: GC  Respond to of 34075
 
LOL LOL LOL

See what I mean about who is pressuring the company? Some investors are so damned greedy, they're never satisfied!!!!

Thats why the stock price is .25

6 - good men can hand bomb the amount of tonnage in a good days work , very easy lol

Should try using a banjo once in a while



To: GC who wrote (30386)1/20/2003 11:29:27 PM
From: Fred C. Dobbs  Read Replies (1) | Respond to of 34075
 
GC

You have a valid point. The first thought I had was as Rod's states, that it was a stress test to see what the plant was capable of producing, but.

If normal production of 2000 tons/day is based on an 8 hour day, then in theory, production should have been capable of nearing almost 6000 tons if it used a 24 hour cycle.

I guess the main question would be, what is considered a day? Would the plant be capable of sustaining such a level or was it just peddle to the metal to see if they could blow it up. Dragsters are driven full bore, but it's not unusual for them to be rebuilt before each heat. Doubt GE would want to do an overhaul every other day.

Biggest problem with "Good Ole Manitoba Gumbo" is you have to stop and scrap it off the shovel. You just can't shovel that chit.

Ron



To: GC who wrote (30386)1/21/2003 12:03:24 AM
From: Fred C. Dobbs  Respond to of 34075
 
GC,

Just had a thought. Yikes

Since GE is still in open pit mode is it possible that it may not be probable or practical to feed the plant enough ore to maintain those high production numbers. Since they hope to maintain 3500 tons/day once moving underground but with a conveyor feeding it, this "stress test" would have proved that the plant would be capable of handling this increase of material.

The big question still remains, "how long is their day?"

Ron


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