One way to get investors to jump on board is paying dividends. Netolitzky himself said that this is a narrow vein project as you might have had during the depression. He didn't mention or completely omitted that depression era mines paid dividends almost at the outset.
Cost of revenue is half the total revenue for the previous quarter. Investments soaked up a fair bit. There are no more investments of the same type to pay for this quarter, unless they buy out Masuparia.
So with these investments came growth of the land position. 16% land position growth.
The processing rate is set to double so earnings growth will come with that. 100% growth in processing rate. Set to increase again by another ~50% soon.
The gold price has advanced from ~$1360 - ~$1700/oz. $CDN. This is 25% growth in the gold price, which means 25% more returns while costs remain fixed @900/oz.
The share price does not reflect these milestones, except solely the inverse correlation to the long dated treasury bond price.
-F6