RE: RE: RE: 2012 Financial and Operating Highlight I Agree with you gildage. I fine combed the numbers and the first comment I can make is Koodos for the very complete and detailed information. Very immpressive detail in the report. Next, my summary of the report is that this company is basicaly spending what it earns to build out it's mine construction over the next 3 years. So you are getting almost 30% growth per year for the next 3 years without any dillution or additional debt. Based on the sustaining number of 166 million on 220 million ounces for 2012 and further cost cutting I can guesstimate that in 2015 with 500 000 ounces that the sustainability number (net money after all-in costs) of about 350 million with $1600 gold.
I think I will stick with this the management team. They sound like they absoutely remade the AVR team and are turning into EDV star pupil with great exploration potential and future reserves of high grade gold. Try and find me a cheaper or better run gold company with huge growth than this one! I bet they announce dividend starting in 2015.
Buying more on any further weakness. Obviously I am long term bull on gold. Just know too much about the British and American banking crooks. Over a quadrillion dollars in derrivaties! They will print for the next 5 years until they get there rebound and run in inflation just like the 70's.