GREY:AVGCF - Post by User
Post by
yourstruly00on Aug 15, 2012 4:52pm
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Post# 20222124
5+ cents profit if they want
5+ cents profit if they want They could make 5 cents + in Q2. Still holding 4K oz of gold and not sold. It is another $6.4M cash/profit that can be added to Q2.
Seems like this hold back serves two purposes, add to Q3 profit if the Q3 production number is not good (lost production due to rainy season etc). Second purpose is to boost the Q3 financial number together with other possible good news such as the re-start of mill expansion.
I don’t see the deal of 1AVR=0.365 EDV will get thru. I expect AVR share price will be $1+ in October.