1) 2011e production
Lamaque = 85,000 ounces
Lamaque + San Juan = 113,000 ounces
2) Lamaque Gold Mine Path to Production
"May 2010" = "TPD: 500 to 800"
"May 2010" = "Oz Au/Mth: 2-3K"
3) "Margaret M. Kent, President, CEO & Director"
The first time she has been listed without the title of "Chairman". It likely means they are sticking to the plan of bringing in a new Chairman of the Board for Century Mining.
2 comments:
113,000 ounces next year means we're trading at 2 times next year's cash flow. Obviously the market doesn't believe the production numbers.
So if Century delivers what they promise in the next 12 months, we shareholders will be greatly rewarded from our current valuations. My opinion is that with the new guys on board, people will have to perform or heads will role. These guys put in big money and have the know how and the connections to make it all happen.
One of the key changes for me is that Peggy really has nothing to do with the Lamaque mine now. She has strenghts and I believe she will be able to use those strengths to build shareholder value thru M&A activities.
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