where are the knockers?, page-10

silverlocks is buying in Colinna!

LOL


silver,
the company makes full reference to cash cost reorting in the latest quarterly.

"Given the Company’s operations remain in development mode with gold production predominantly sourced from level development ore, meaningful cash and total cost per ounce cannot be determined until the Company ramps up to steady state production. As noted above, the initial targeted annualised production rate of 50,000 ounces per annum was achieved in June 2009 and is on track to continue at this level in the September 2009 Quarter"

I have a feeling cash costs will be reported at the end of this current quarter which will coincide with steady 50k oz (annualised) output.

that said costs can be worked out with the old faithfull calculator, as i've shown you many a time ;)


cheers
Davo