High River Gold Mines Ltd HRIVF

I Like Those Results!

[elPis]

Net gold revenue of $122.4 million
Net income of $37.3 million (0.044 per share) (an increase of 67% over Q4 2010)
Cash flow of $53.5 million (an increase of 33.75% over Q4 2010)

Gold production increase 18%!!!!!!!
Cash cost decreased 10%!!!!!!!!

Bring on Q2 only 2 months away!

Wicked.

[discern1]

P/E now0.044*4 = .176sp = 1.11p/e = 6.31This is without Bissa coming online and with over $121M in inventories which likely was the result of the Ball Mill backlog at Beretzitovy or they are saving a stash of gold for a rainy day?This doesn't include the additional cash flow.By the way why isn't other comprehensive income be added to the profit line?This is an additional $25M this past

[WolfgangE]

Actually   Yes  I do. have  a look at Monument Mining and compare. garnted she is a small miner still,  but awesome in terms of profitability and cash cost per oz of Au.  And  P/E of less than 4 at present.My 2 cents worth, Wolf E

[subway41777]

Hey guys the results look promising, what does that mean for the SP tomorrow  and in the near future?subway

[ThyFish]

I think the results are amazing!!!  Unfortunately I think as per usual they have hidden and tucked away a lot that will take digging such as discern's to uncover.  They release at 11:45 on Tues?  Then they word it in such a way that the quick observer might not think the Q1 2011 results were much better then 2010 Q4.....how does net income almost double but only add .01 per