San Gold Corporation

Welcome to the San Gold HUB on AGORACOM San Gold Corporation - one of Canada's most exciting new gold exploration and mining companies.
in response to M's message

"Grade was 5.35 grams per tonne, which is similar to the previous quarter and slightly below our full year budgeted grade of 6.58 grams per tonne."

Slightly below? That's ~20% below budgeted grade. That means you will need to be 1.23 g/t above your budgeted grade on a similar tonnage to meet guidance. That's 153,000 tons at 7.81 g/t to make up for the shortfall or less if you average it out over the next 3 quarters. Maybe time to crack open one of those jewelry boxes.

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Lunch Meat
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02/21/2009
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San Gold Corporation
Symbol
SGR
Exchange
TSX
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371,610,981
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Metals & Minerals
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