RE:RE:Another Win in the Good & Profitable Co's Sweepstakes !I must admit to being a tad concerned when I saw the quarter's protit has declined so much ( though, still quite profitable). However
given the additional personnel costs incurred in gearing up for the next years increasing operations, coupled with the inflationary related costs and the results of nature related costs- lower water flows in China and Quebec , couple with a significantly lower copper price for recovered metals, events out of company's control- I believe the situation looking very promising going into 2023.
One big question, What are they going to do with all the cash that has been building , and apparently is not needed for the company's business.
1.25 million shares outstanding , and something betweem $13 million and $9 million of cash sitting around. Nice problem, eh?
Looking forward to Monday's Chat with management.