RE: RE: RE: RE: New Record Throughput and Gold Pro I have nothing against this co., as production #'s keep increasing, which is a good sign considering the problems with ramp up.
What I don't like about these mining co.s with their production reports is how sometimes they hide what they don't want you to know. In this last operating results for the qtr they state record gold production, record gold production for March, etc..... Yet this means squat if they can't show a net profit from operations.
How convenient it is to OMIT operating costs which is a big factor in creating earnings.
I don't care how many ounces are produced. If it costs $1300 to product an ounce, you're not going to make much profit.
What also irritates me is how smaller miners have much lower costs than some of these intermediate co's.