After exploration, general and administrative, and other net expenses, total and comprehensive loss in the second quarter of 2011 improved by 50% to $4.0 million ($0.01 per share), compared to a $7.9 million ($0.03 per share) in the same period of 2010.

....and $3.15 down three pennies.

What did they get the for the expense money? Did they get their moneys worth? They certainly produced at better than guidance. I guess they could've slowed their exploration to show a small profit? But the strides they've made in production etc, will allow them to stay extremely aggressive with exploration. They've set up their exploration program to coincide with what they're building to with production.