"The cash flow numbers should look even better with gold/silver avg. prices higher in 3Q."

I have the strong impression that AUMN management is expecting positive operating cash flow in Q1 2013 based on those hypothetical gold and silver prices they set last year. For silver it is $25, if I am not wrong.

Why use low hypothetical prices, when you can use the real average price per quarter. Have they been advised by the Cannacords of this planet to do so?

In addition, I am not sure if the lead and zinc sales are incorporated in this expectation.

When you see their production projections, where they compare H1 2012 with Q3 2012 and Q3 2013, I can't stop wondering who they want to confuse. They really have to be much more transparant in their presentation.