RE:RE:RE:RE:RE:RE:Profitable, Substantial Net Cash, Trading at 60% BookThanks for pointing out the somewhat obscure smelting costs Freedy.
I am fairly new to this stock.
Still with the $840US cash cost per ounce and given that the stock is well
below book value and the fact it has $44M in Canadian Tax Pools to shield future profits
I think they will build up a considerable cash position after a few more
quarters. I figure about $4 million CDN each month to the cash account?
Being two months into thier Q2 they could be sitting on $30M Cdn about now.
Hopefully they will keep us inform as to Capex and other plans as Silver
seems to be suggesting. A quaterly production figure right after the quarter
ends would e nice. They did state explicitly in te quarterly the producton
should be stable from here on in.
Been quickly reviewing he press release over the past 10 years or so. Quite
the story and a lot to consider.