IceMan1982's Profile
IceMan1982's Posts
I dont see this company's share price going anywhere for the next 2 years, im getting out.
|How do you figure the shorts are in charge with such a small percentage of the shares outstanding?
Does anyone know what the current short interest is on SGR? Traps,I know you usually post that information, if you could do so again that would be much appreciated. Thanks
Thanks Traps, ive always found your posts insightful and informative. To answer your question, I am not buddies with the WPG group. Im just a lonely investor from Toronto trying to make it in this world. Im hoping that SGR is going to help me along this journey. I`ve been in and out of SGR since 07, but now Im just all in.
Correct me if Im wrong, but what you are saying Traps is that the way sgr lowers its production costs are by running higher grade rock through the mill. So basically the cost to run x amount of tonnage ramains at a constant but if the grade is increased this will increase the ounces produced which in turn decreases the cost to produce the ounces.
just to make an example lets assume it costs 500,000 to mine and mill 1800 tons
1800 tons at 7 gpt = 450 ounces
1800 tons at 10gpt = 642 ounces
500,000 divided by 450 = 1111.11 cost per ounce
500,000 divided by 642 = 778.81 cost per ounce
(I know these arent the real numbers, but is that the right idea on how management is going to reduce cost)
Thanks
Thanks Traps, ive always found your posts insightful and informative. To answer your question, I am not buddies with the WPG group. Im just a lonely investor from Toronto trying to make it in this world. Im hoping that SGR is the going to help me along this journey. I`ve been in and out of SGR since 07 but now im just all in.
Correct me if Im wrong, but what you are saying Traps is that the way sgr lowers its production costs are by running higher grade rock through the mill. So basically the cost to run x amount of tonnage ramains at a constant but if the grade is increased this will increase the ounces produced which in turn decreases the cost to produce the ounces.
just to make an example lets assume it costs 500,000 to mine and mill 1800 tons
1800 tons at 7 gpt = 450 ounces
1800 tons at 10gpt = 642 ounces
500,000 divided by 450 = 1111.11 cost per ounce
500,000 divided by 642 = 778.81 cost per ounce
(I know these arent the real numbers, but is that the right idea on how management is going to reduce cost)
Thanks
I hope you are right rook, I am optimistic as you are because i believe in the potential of san gold. just a little upset that im going to have to wait longer than i expected to make my desired return
I have a question about the AGM, I wont be able to attend. I was just wondering if there is going to be a webcast so that I can listen to what occured at the meeting?
If anyone has knowledge of this, your shared information would be greatly appreciated
Thanks