RE: Earnings ResultsSilvernGold
Thanks for the vote of confidence, at least that is how I am interpreting your message. Yep, I'm in this stock so it means good luck to us, assuming your in as well; I get that impression.
As for Nalunaq, you are correct it will be a source of production this calendar year, but not likely for Crew's current fiscal year. Also, I did include Nalunaq's production in my post but it was somewhat cryptic, by stating "...but should get better as we are now producing gold with the ETC acquisition and will be producing more this fall, assuming the permits come in a timely manner." I still believe production will not come on line until this fall, at least that is what Crew is stating, but it does depend on obtaining permits, which is taking a bit longer than anticipated. Even the current stockpile of "gold" from Nalunaq will not be on this fiscal years' balance sheet (unless Crew gets that 90% upfront payment that Joegren was stating and that depends on when the payment occurs) since it won't be processed until this fall as well, which is the next fiscal year.
Anyway, the bottom line, no pun intended, is we currently are and will be producing more gold this fall, which I can only imagine will help the share price and of course our bottom line. However, if any more news leaks out (that is tongue-in-cheek since Crew seems fairly tight-lipped about corporate activities [see some of my previous dug-up NR) about drilling results or purchase of actively producing gold mines then our share price may rise sooner than hoped.
By the way, why do you think production will occur within a few months? I guess this fall is within a few months, so to speak.
Cheers,
Oxyurid