La Mancha Resources Inc LACHF

Another Strong Quarter

[2fast4you]

Nov 10, 2009 09:11 ET

La Mancha Reports Another Strong Quarter

MONTREAL, QUEBEC--(Marketwire - Nov. 10, 2009) - La Mancha Resources Inc. (TSX:LMA) - All amounts are expressed in CA dollars, unless otherwise indicated.

Unaudited

THIRD 2009 QUARTER HIGHLIGHTS

- Production of 24,439 ounces of gold, up 59% over last year

- Cash costs per ounce falls to US $422 per ounce, down 20% from last year

- Net earnings of $3.0 million

- Cash flow from operating activities of $8.8 million

- Cash and short term investments grow to $21.5 million

- Company reaffirms its 2009 gold production target of up to 100,000 ounces

https://www.marketwire.com/press-release/La-Mancha-Resources-Inc-TSX-LMA-1074006.html

[ak27]

cash flow up...way up.  Also I like the fact that this time LMA management is circumspect not to include news about  anything  but the already published VMS results. So more news from LMA about LMA' other development projects may be around the corner. AK

[BearBullBrian]

Great quarter. Along about now, many are going to wish they'd averaged down when this stock was pennies...I know I do.BBB

[risky_ventura]

AK: This not an appropriate forum to claim LMA management is circumsized.

[risky_ventura]

Waid a minute AK; you wrote circumspect, not circumsized.Never mind.Roseanne Roseannadanna

[ak27]

Gee RV, you may have a good point here. In a sense, and no disrespect to anybody,  sometimes I do wish LMA management came forward circumcised. Quote :  "In uncircumcised men, the headof the penis is covered by skin when the penis is not erect. Incircumcised men, the head of the penis always shows, even when thepenis is not erect."BTW wishing LMA  came big and in any shape

[risky_ventura]

Well, mister high and mighty AK thinks he's so smart.  It just so happens that my head is covered with skin regardless of whether I'm lying down or standing erect.  What do you tink a dat?

[ak27]

I think we should leave the nonsensical part out and concentrate on what is important here. I think that LMA will hit the $2 mark today and will continue its upward trend next week helped by rising gold prices. I also think that LMA is not far from making another announcement. AK