TSXV:AUN.H - Post by User
Comment by
zzthnxon May 08, 2008 11:18pm
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Post# 15054475
RE: expect news to come down the pipe
RE: expect news to come down the pipeHuxley:
"Extrapolating the present trend (downwards. 4th Q was much worse than 3rdQ) would actually give a negative CF of about 250,000."
AUN MD&A:
"The gross margin for the fourth quarter was up sharply from 30% to 41%...The overall picture of the fourth quarter speaks to the ongoing progress at the mine with the Company recording a net profit of $223,375 compared to a loss on the third quarter of ($144,422)...The gross margin for the fourth quarter was up sharply from 30% to 41% consequently morale at the mine continues to be high and recent monthly production levels at the mine are on target with expectations of an average of 1,000 tonnes per day and monthly sales on target with expectations."
Huxley:
"The new equipment is not even in place at this moment..."
AUN MD&A:
"The equipment began to arrive late in the 1st quarter of 2008 and the Company has seen an increase in
production numbers through the month of March 2008..."
Who should we believe?