This is a solid quarter with the combined Ag-Eq. production 215 oz.--- 19.4% above the average 1H '12 average of 180M Ag-Eq oz. 3Q Ag-Eq. production also increased by 30.3% over the most recent 2Q report. The cash flow numbers should look even better with gold/silver avg. prices higher in 3Q.

This is the initial step to a Q/Q production increase for many quarters/years to come.

Unfortunately, we still deal with a major algo short attack, as witnessed by an immediate illogical pullback to $4.54 after the stock opened near $4.75. As long as the metals hold and management delivers, pressure will mount for the shorts to cover.

Silverbull50