RE: RE: RE: RE: RE: RE: RE: RE: SST in the ditchYeah, I did sort of take it that way, lol :) Thanks for clarifying. I thought of something else that I sort of took for granted that I think has had a big impact lately and that's the tanking of the copper price. It appears that a number of sellers are thinking that SST's revenue streams may be in jeopardy due to the sole reliance on copper miners, e.g., Capstone and Lundin. I'd bet if we had streams coming from gold mining operations we wouldn't have been hit as hard as we have lately. I think in addition to this year getting over with, we need to see copper stabilize and have the market see that there is little likelihood of CS or Lundin scaling back their operations. Also, another thing that probably hasn't helped was the 3rd quarter earnings report that posted quite a large loss due to writing off Aljustral:
| Reported in $US | Q3
Sep 30, 2008 | Q2
Jun 30, 2008 | Q1
Mar 31, 2008 |
| Silver Sales | $3.7 million | $8.3 million | $7.5 million |
| Ounces | 386,000 | 459,000 | 403,000 |
| Total Cash Costs (per ounce) | $3.97 | $3.97 | $3.96 |
| Earnings before non-cash items (1) | $0.5 million | $4.6 million | $4.1 million |
| Earnings before non-cash items/share | $0 | $0.04 | $0.03 |
| Net Earnings (loss) (2) | ($39.6 million) | $3.7 million | $4.5 million |
| EPS | ($0.32) | $0.03 | $0.04 |
| Cash Flow from Operations | $6.5 million | $3.8 million | $3.7 million |