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Message: Re: Financials Out!!

Dec 04, 2007 12:54AM

Dec 04, 2007 06:54AM

it is what i expected, the turning of the corner  to a profit, which I consider good.  There are those who may feel the ounces produced are a bit low, I believ the company is meeting the tagets they have been suggesting in there recent forecasts and doing so profitably at low volume.  This bodes extremely well as the number of ounces being extracted and produced grows since there will be a lower overhead cost per ounce and thus profit will grow in future qtrs.  It is important to understand that the mexican production which is slowly ramping up is not yet reflected in that quarters statement.

There are no surprises and we are moving from losing money to making money.  I call that VERY good.

Orgy 

  


Dec 04, 2007 09:26AM

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