These are quarterly production numbers. You do not get the money figures that go with them. Their next financial report will probably be their year-end figures that are due out before the end of April. Peter Ball said they would be between 1000-1400 TPD in
Q1 and awfully close to cash flow positive.

One thing I did notice is that they lowered their guidance for 2011 from 80-90,000oz, to 70-75,000 oz. Not a big deal, but worth noting. I would be quite happy if they came close to those figures. ( those are Lamaque figures)

What I see is a company that is improving and have stopped the bleeding. They are no longer bleeding money. Peter said that 5-7c per share is not out of the question for profit for 2011.

Bob