$20 million in gold also inventoried Starting to look like the inventory picture is pretty good. We have deferred sales of over $36 million on copper and $20 millon in gold. The first douchebags screaming earnings missed did not factor this in. Earnings actually beat the top end estimates.....even better now that gold is up $150 OVER the $1386 the realized in Q1, and silver after the beatdown is still up $10 oz over the Q1 sales price.
Yamana should have a good day after they examine the report....of course that presumes the manipulators don't force it down more.
I would have hightlighted this more in the topline bullet points....once again our crack IR team in action.....