SANDSTORM GOLD PROVIDES A PRODUCTION UPDATE FOR LUNA GOLD'S AURIZONA MINE

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Beleggingsadvies 05/07/2011 16:36
Sandstorm Gold Ltd. has provided an operational update at the Aurizona mine, owned and operated by Luna Gold Corp.

During the second quarter, Luna's performance had mixed results with lower-than-forecast production being offset by success in rebuilding the operational team and excellent results in exploration. Luna's management team has developed plans to deliver feasibility levels of gold production and is currently executing this plan. The new management team includes a vice-president of operations, a general manager and a mining manager.

Luna management and consulting engineers have identified major and minor modifications required to achieve reliable and consistent feasibility design performance. Plant improvements and upgrades will proceed progressively while production continues. In April, Aurizona underwent a planned shutdown to complete an upgrade to the SAG mill and other plant modifications necessary to ramp up production to feasibility levels. The upgrade was completed in 19 days and, during May and June, operational staff progressively increased throughput and recoveries to deliver consistent and reliable production for the future of the operation.

reactie XEA.nl
Wij begonnen dit aandeel Sandstorm onder de aandacht te brengen toen de prijs ca. C$ 0,70 was, nu enkele maanden later C$ 1,44 juidge prijs +24ct.
Er zullen nu best wel winstnemingen komen.
Hieraan beleef je toch veel meer plezier aan, dan al die vreemde koersbewegingen te Amsterdam.
Onbegrijpelijke bewegingen en de particulier is het "haasje"!
Kijk naar Silver Quest, komt ook van de C$ 0,68 af, staat nu C$ 1,19



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