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downthehatch

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downthehatch

Re: eom7 post# 149

Monday, 04/16/2012 4:38:17 PM

Monday, April 16, 2012 4:38:17 PM

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They are generating lots of cash, plenty to pay for expanding production. Nice to see this in a mine at this stage.... will greatly reduce dilution going forward, and we'll soon be well past .01 per share in annual revenue.

They should be able to ramp up nicely in 2012! And with the price of gold staying well above the average for 2011, they will likely end the year at .02/share or better. For a junior god miner, to be trading at about 8x earnings--- its CHEAP!!

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