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Gold/Mining/Energy : Century Mining Corporation -- Ignore unavailable to you. Want to Upgrade?


To: pstad60 who wrote (118)5/30/2006 1:55:33 AM
From: HotnSpicy  Respond to of 545
 
Great stuff Tad.

I completely agree that Q2 has to be the last Q that one can reasonably give them slack for not meeting production guidance, especially as guidance is far lower than the original 110,000 from Sigma they were telling us to expect a year ago. Frankly, with 6000 tpd (5400tpd from Sigma-600 Lamaque) and 1.8 gpt, that 110,000 is entirely reasonable goal from Sigma. I think there is significant upside from 90,000. I'd love to see some nice upside production surprises in Q3 and Q4.

I expect to see a profit in Q2 and significantly ramping up by Q4 when results from full bore operations at Sigma, bulk sample from Lamaque and production from Peru are considered.

Any one heard when they will access Bedard Dike? Isn't that supposed to be accessible once Lamaque is accessed via the Sigma pit?



To: pstad60 who wrote (118)5/30/2006 7:38:29 AM
From: John McCarthy  Read Replies (1) | Respond to of 545
 
Tad ...

in a word ... Terrific... post ....

I don't like the numbers but at least you nailed them
down ....

gonna *steal* your assumptions, revenue numbers, etc.
and stick them in my Excel P&L ....

in order to see what EAT looks like ....

again, you really lifted the fog (at least my fog) on
this one

note:
I'm gonna hang with the $645 USA gold number for
Quarter 2

regards,
John