Anyone know or have an educated guess (perhaps E?) on how much gold we would have to sell in one year to get a positive cash flow? Anyone know our cost per once? Last i recall it was around 350? so we should profit around 500/oz. if we sold 50 000 oz in 2007 we would realize a gross profit of 25 Million. Any one recall our costs for a year? I seem to recall it being around 29 Million?

If i'm at all close, we would have to sell 60 000 oz at approx 850$/oz with a net profit of about 500$/oz to be positive assuming everything stays as it is?

Assuming they wish to hit 50 000 oz this year which is an average of 12 500 oz per quarter and assuming they will fall short of that in Q1, probalby less then 10 000 and closer to 5-8... that means they will have to product that much more in the other 3 quarters to make up for it. Say they produce (trying to go on the high side) 8000 oz in Q1, 12 000 oz in Q2, 13 000 oz in Q3 that means they need 16 000 oz in Q4. Which means in Q4 they should actually hit a positive cash flow for the Quarter.
In fact if we saw something like 8 Q1, 10 Q2, 15 Q3 and 17 Q4, they could have there first positive quarter by Q3 of 2008. I like those numbers, would be nice.

Jeff