Krr produced 39827 ounces but sold only 36145 ounces in Q1So basically there were 3682 ounces not sold in the first quarter but rather carried over to the first week of April .
This 3682 ounces represents 10 million dollars canadian of extra revenues that should be reported for Q2.
Do you think that 10 million dollars would have shown Q1 as fairly profitable? The answer is YES!
So in Q2 , right off the bat, had a 10 million dollar sale in the first week. If Krr produces another 40,000 ounces in Q2 and sells all 40 k ounces, they could conceivably sell 43,682 ounces of gold x 2010$ = $ 87,800,820.00 US dollars of sales in Q2 or $ 118,370,380.00 canadian dollars of revenues..
If those 3682 ounces of gold had been sold in the last week of March, the Q1 numbers would be excellent and the stock price would have shot up 10% today but that did not happen.
Investors need to read between the lines with a stock like Krr...Q2 numbers will blow the doors off the wall...