GREY:GPLDF - Post by User
Post by
konzelmannon Jul 06, 2008 1:24pm
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Post# 15261883
Positive cashflow
Positive cashflowTying to do a bit of DD here. GPM seems to have been in production for at least a few quarters now, but recent reports have still shown losses. Costs from past quarters seem to indicate that there should be some positive cashflow with current silver prices. Is that a reasonable expectation at this time or is GPM expecting continued losses in the short-term for some reason?
Trying to make a comparison to SPM.TO..
GPM has greater production capabilities, but SPM seems to be indicating that they will be profitable. GPM has greater debt, so I would expect that to be a concern unless they can become profitable in these times of (decently) high silver prices. Anyone else have comments on this comparison? Still in the early stages of my DD, so any comments would be appreciated.
Thanks