RE: Great Report Plus a Dividend "Net income is inclusive of non-cash, non-operating expense of $4,713,133 related to mark-to-market adjustments of silver and gold put options1 ("puts"), a silver note payable to Coeur d'Alene Mine Corporation (the "Silver Note"), fair value expense related to financing warrants of $1,657,000 and deferred tax expense of $709,740. Excluding these items, profit after tax from underlying operations for the third quarter was $16,090,881 ($0.05 per share"
So the EPS of 5 cent represents a fair picture of Q3, as of Q2.
So you could reason that on a yearly basis MND has the profit per share capacity of at least 20 cent already and should be valued over 2 cad/share with positive expectations for growth in 2013.
This is looking real good!!
BR