New MD&A out on sedar Finally profitable.
During the six months ended November 30, 2011 (the "2011 period") the Company reported a comprehensive income of $879,911 (
.01 per share) compared to a comprehensive loss of $585,346 (
.00 per share) for the six months ended November 30, 2010 (the "2010 period"), an increase in income of $1,465,257. The increase in income was due to improved recoveries and grades of gold and silver processed, higher prices for gold and silver and a decrease in general and administrative expenses as the Company closed a branch office in Mexico during the 2011 period.