RE: Intl SpeculatorFR has been a buy on weakness for a while now...and since it's still the season for weakness, no sense in changing that. The latest PR earned high regards, however...
His only concern is the cost per ounce of production, but he seems to be off the mark, imho. I think he's just looking at the numbers and not factoring the reasons. Neumeyer is trying to double production this year, and more-so next, which costs money now. He's paying for it from production revenue, rather than cash reserves, so the cost of production is higher than it will be....
I thought the presentations were clear on the matter, but that wouldn't be explained in the financials.
Am I wrong?