"Additionally, grades were lower due to an increased focus during the quarter on ore development work" ...........I hope that statement was just George BSing

Otherwise, real smart ! Seems they intentionally missed their 2012 forecast. They even left 2,200 oz in a stock pile near the mill that had idle capacity all quarter.

These guys are paying themselves like they're still a $1.25B market cap success story.

Bonuses for everyone, great job

Can hardly wait to hear what the 2013 option strike price will be. You know they'll earn every penny above it.

The only good news here is this could be the final big flush on the share price. A market cap under $200m, what a joke

Also, more surface drilling means another flow through financing. That way the can keep the working capital to pay their high salaries and bonuses. Please give 250,000 options to all the Directors, without them, God knows where we would be now.