Their words not mine. Maybe a put a finer point on the pencil as to what is happening. But that would set a benchmark for future performance and we all know how well they do with that. Yes mining is tough. 1.Give me an industry that is easy. 2. If it is too tough maybe they shouldn't be in it.
http://www.sangold.ca/i/pdf/2010_Q2_press_release.pdf
San Gold Q2 Results: Continuing exploration success and improved operating results
The Rice Lake Mine continues to develop and produce from the 98, 98 FW and RL East veins at the eastern ends of the 26 and 28 levels. Low volumes combined with older infrastructure and the deeper locations render this ore is relatively expensive to extract compared with San Gold’s newer near-surface ore bodies. The Rice Lake mine therefore continues to provide dual utility in terms of the production and development of these eastern zones and also in providing an optimum platform for the exploration and future access to potential depth extensions of the Hinge, 007, L-13 and Emperor Zones.
