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SNDY SO THIN here!! little volume back up to .02's imo...
HUGE SNDY going to SKY! thin to .015-.02 at least!
REAL COMPANY with REAL PRODUCT/REVENUES!! BOOM!
SNDY was .028 LAST WEEK now bargain sale .0095!!!
SNDY was .028 LAST WEEK now bargain sale .0095!!!
SNDY HUGE BOUNCE coming here imo!!!!
SNDY HUGE BOUNCE coming here imo!!!!
USSIF HUGE VOLUME + no shares = HOD!
If you have BIG MONEY, looking for safe gainer: USSIF HUGE SILVER PLAY!
If you have BIG MONEY, looking for safe gainer: USSIF HUGE SILVER PLAY!
USSIF HUGE SILVER MONEY! HUGE!
USSIF HUGE SILVER MONEY! HUGE!
BIG MONEY, LISTEN UP: USSIF EXPLODING on HUGE SILVER PROFITS!! 2nd QUARTER RESULTS will be SPECTACULAR!!
BIG MONEY, LISTEN UP: USSIF EXPLODING on HUGE SILVER PROFITS!! 2nd QUARTER RESULTS will be SPECTACULAR!!
USSIF EXPLODING on HUGE SILVER PROFITS!! 2nd QUARTER RESULTS will be SPECTACULAR!!
USSIF running on HUGE SILVER PROFITS!!!
USSIF running on HUGE SILVER PROFITS!!!
USSIF HUGE SILVER PLAY here! GOING!!
USSIF HUGE SILVER PLAY here! GOING!!
USSIF about to explode on SILVER profits! HUGE QUARTERLY profits coming!!! wow! imo
USSIF is thin to .80 imo!
USSIF NEWS CHECK IT OUT!!!!
U.S. Silver Reports 1st Quarter 2011 Results – Cash Flow from Operations up over 100%
U.S. Silver Corporation (TSX-V: USA, US OTCQX: USSIF, Frankfurt: QE2) (“US Silver” or “the Company”) wishes to announce financial results in U.S. dollars for the three months ended March 31, 2011. The complete financial statements are available at www.sedar.com.
“Revenue, profit and cash flow reached record levels in the first quarter. This occurred despite revenue being recognized for only five of the seven rail cars shipped in the quarter, as two railcars were not received at the smelter until a few days after the quarter end due to weather related issues while in transit. These will be recorded as revenue in Q2,” said Mr. Tom Parker, CEO of U.S. Silver. “Production was below plan in the quarter due to lower head grades, rehabilitation work, and work area scheduling. Silver price continues to positively impact performance and the Galena Mine generated strong cash flow and profitability for the quarter. Continued attention, focus and diligence toward safe and efficient production will enhance this trend. We remain confident that we will deliver annual production in excess of 2.4 million ounces of silver in 2011 as previously communicated.”
Key Financial and Operating Highlights
Pre tax net income was $6.1 million, up from $0.8 million in 2010
Cash Flow from Operating Activities was $7.2 million, up 106% from $3.5 million for 2010
Cash balances at March 31, 2011 were $10.8 million and are currently approximately $15 million
Silver production totalled 494,363 ounces, down 22% from 635,161 ounces in 2010
For the three months ended March 31 (US$ millions) 2011
2010
Revenue $19.1 $15.0
Cost of sales 10.9 13.1
General and administrative 0.7 0.5
Exploration 0.6 0.3
Selling and marketing 0.1 0.1
$6.2 $0.9
Other expenses 0.1 0.1
Net income before tax $6.1 $0.8
Net income after tax $4.2 $0.5
Cash flow from operations $7.2 $3.5
Production
Silver (ounces) 494,363 635,161
Lead (pounds) 1,277,201 1,467,449
Copper (pounds) 259,401 249,214
Cash Costs ($/oz after by-product credits) $17.97 $12.59
Investor Conference Call Dial-In Details
These results will be discussed during an analyst and investor conference call with senior management on Friday June 17th at 11 am EDT. A question and answer session will follow management’s presentation. Participants may join the call by dialing toll free 1-888-231-8191 or 647-427-7450 for calls from outside Canada and the US. Please dial in 15 minutes prior to the call to secure a line. The conference call will be archived for replay until Friday, June 24, 2011 at midnight. To access the archived conference call, please dial 1-800-642-1687 or 416-849-0833 and enter the reservation code 74702296.
ABOUT U.S. SILVER CORPORATION
U.S. Silver, through its wholly owned subsidiaries, owns and/or operates the Galena, Coeur, Caladay and Dayrock silver-lead-copper mines in Shoshone County, Idaho, with the Galena mine being the second most prolific silver mine in US history. Total silver production from U.S. Silver's mining complex is approximately 220 million ounces of silver production since 1953. U.S. Silver controls a land package now totaling approximately 14,000 acres in the heart of the Coeur d'Alene Mining District. U.S. Silver is focused on expanding the production from existing operations as well as exploring and developing its extensive land holdings.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Certain information in this press release may contain forward-looking statements. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. The Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to the Company. Additional information identifying risks and uncertainties is contained in filings by the Company with the Canadian securities regulators, which filings are ava
USSIF NEWS CHECK IT OUT!!!!
U.S. Silver Reports 1st Quarter 2011 Results – Cash Flow from Operations up over 100%
U.S. Silver Corporation (TSX-V: USA, US OTCQX: USSIF, Frankfurt: QE2) (“US Silver” or “the Company”) wishes to announce financial results in U.S. dollars for the three months ended March 31, 2011. The complete financial statements are available at www.sedar.com.
“Revenue, profit and cash flow reached record levels in the first quarter. This occurred despite revenue being recognized for only five of the seven rail cars shipped in the quarter, as two railcars were not received at the smelter until a few days after the quarter end due to weather related issues while in transit. These will be recorded as revenue in Q2,” said Mr. Tom Parker, CEO of U.S. Silver. “Production was below plan in the quarter due to lower head grades, rehabilitation work, and work area scheduling. Silver price continues to positively impact performance and the Galena Mine generated strong cash flow and profitability for the quarter. Continued attention, focus and diligence toward safe and efficient production will enhance this trend. We remain confident that we will deliver annual production in excess of 2.4 million ounces of silver in 2011 as previously communicated.”
Key Financial and Operating Highlights
Pre tax net income was $6.1 million, up from $0.8 million in 2010
Cash Flow from Operating Activities was $7.2 million, up 106% from $3.5 million for 2010
Cash balances at March 31, 2011 were $10.8 million and are currently approximately $15 million
Silver production totalled 494,363 ounces, down 22% from 635,161 ounces in 2010
For the three months ended March 31 (US$ millions) 2011
2010
Revenue $19.1 $15.0
Cost of sales 10.9 13.1
General and administrative 0.7 0.5
Exploration 0.6 0.3
Selling and marketing 0.1 0.1
$6.2 $0.9
Other expenses 0.1 0.1
Net income before tax $6.1 $0.8
Net income after tax $4.2 $0.5
Cash flow from operations $7.2 $3.5
Production
Silver (ounces) 494,363 635,161
Lead (pounds) 1,277,201 1,467,449
Copper (pounds) 259,401 249,214
Cash Costs ($/oz after by-product credits) $17.97 $12.59
Investor Conference Call Dial-In Details
These results will be discussed during an analyst and investor conference call with senior management on Friday June 17th at 11 am EDT. A question and answer session will follow management’s presentation. Participants may join the call by dialing toll free 1-888-231-8191 or 647-427-7450 for calls from outside Canada and the US. Please dial in 15 minutes prior to the call to secure a line. The conference call will be archived for replay until Friday, June 24, 2011 at midnight. To access the archived conference call, please dial 1-800-642-1687 or 416-849-0833 and enter the reservation code 74702296.
ABOUT U.S. SILVER CORPORATION
U.S. Silver, through its wholly owned subsidiaries, owns and/or operates the Galena, Coeur, Caladay and Dayrock silver-lead-copper mines in Shoshone County, Idaho, with the Galena mine being the second most prolific silver mine in US history. Total silver production from U.S. Silver's mining complex is approximately 220 million ounces of silver production since 1953. U.S. Silver controls a land package now totaling approximately 14,000 acres in the heart of the Coeur d'Alene Mining District. U.S. Silver is focused on expanding the production from existing operations as well as exploring and developing its extensive land holdings.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Certain information in this press release may contain forward-looking statements. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. The Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to the Company. Additional information identifying risks and uncertainties is contained in filings by the Company with the Canadian securities regulators, which filings are ava
USSIF about to EXPLODE imo on HUGE SILVER PROFITS!!!
USSIF about to EXPLODE imo on HUGE SILVER PROFITS!!!
VOLUME EXPLOSION about to ROCK HERE imo!
USSIF HUGE SILVER EARNINGS!!!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64395959
USSIF HUGE SILVER EARNINGS!!!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64395959
USSIF HUGE SILVER EARNINGS out FRIDAY! GREAT GUIDANCE!
USSIF HUGE SILVER EARNINGS out FRIDAY! GREAT GUIDANCE!
USSIF HUGE SILVER EARNINGS out FRIDAY! GREAT GUIDANCE!
USSIF HUGE SILVER EARNINGS out FRIDAY! GREAT GUIDANCE!
bid/ask is .48/.60 when the crooks go home the truth comes to light... we headed higher folks, just a matter of time. volume will push us there for sure, go invite some frendz to this partay!
U.S. Silver Reports 1st Quarter 2011 Results – Cash Flow from Operations up over 100%
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Press Release Source: U.S. Silver Corporation On Friday June 17, 2011, 7:00 am EDT
U.S. Silver Reports 1st Quarter 2011 Results – Cash Flow from Operations up over 100%
businesswire
tweet
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Print
Companies:
US SILVER
U.S. Silver Corp
U.S. SILVER CORP
Related Quotes
Symbol Price Change
QE2.F 0.3420 +0.0070
Chart for US SILVER
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Press Release Source: U.S. Silver Corporation On Friday June 17, 2011, 7:00 am EDT
TORONTO--(BUSINESS WIRE)-- U.S. Silver Corporation (TSX-V: USA, US OTCQX: USSIF, Frankfurt: QE2) (“US Silver” or “the Company”) wishes to announce financial results in U.S. dollars for the three months ended March 31, 2011. The complete financial statements are available at www.sedar.com.
“Revenue, profit and cash flow reached record levels in the first quarter. This occurred despite revenue being recognized for only five of the seven rail cars shipped in the quarter, as two railcars were not received at the smelter until a few days after the quarter end due to weather related issues while in transit. These will be recorded as revenue in Q2,” said Mr. Tom Parker, CEO of U.S. Silver. “Production was below plan in the quarter due to lower head grades, rehabilitation work, and work area scheduling. Silver price continues to positively impact performance and the Galena Mine generated strong cash flow and profitability for the quarter. Continued attention, focus and diligence toward safe and efficient production will enhance this trend. We remain confident that we will deliver annual production in excess of 2.4 million ounces of silver in 2011 as previously communicated.”
Key Financial and Operating Highlights
Pre tax net income was $6.1 million, up from $0.8 million in 2010
Cash Flow from Operating Activities was $7.2 million, up 106% from $3.5 million for 2010
Cash balances at March 31, 2011 were $10.8 million and are currently approximately $15 million
Silver production totalled 494,363 ounces, down 22% from 635,161 ounces in 2010
For the three months ended March 31 (US$ millions) 2011
2010
Revenue $19.1 $15.0
Cost of sales 10.9 13.1
General and administrative 0.7 0.5
Exploration 0.6 0.3
Selling and marketing 0.1 0.1
$6.2 $0.9
Other expenses 0.1 0.1
Net income before tax $6.1 $0.8
Net income after tax $4.2 $0.5
Cash flow from operations $7.2 $3.5
Production
Silver (ounces) 494,363 635,161
Lead (pounds) 1,277,201 1,467,449
Copper (pounds) 259,401 249,214
Cash Costs ($/oz after by-product credits) $17.97 $12.59
Investor Conference Call Dial-In Details
These results will be discussed during an analyst and investor conference call with senior management on Friday June 17th at 11 am EDT. A question and answer session will follow management’s presentation. Participants may join the call by dialing toll free 1-888-231-8191 or 647-427-7450 for calls from outside Canada and the US. Please dial in 15 minutes prior to the call to secure a line. The conference call will be archived for replay until Friday, June 24, 2011 at midnight. To access the archived conference call, please dial 1-800-642-1687 or 416-849-0833 and enter the reservation code 74702296.
ABOUT U.S. SILVER CORPORATION
U.S. Silver, through its wholly owned subsidiaries, owns and/or operates the Galena, Coeur, Caladay and Dayrock silver-lead-copper mines in Shoshone County, Idaho, with the Galena mine being the second most prolific silver mine in US history. Total silver production from U.S. Silver's mining complex is approximately 220 million ounces of silver production since 1953. U.S. Silver controls a land package now totaling approximately 14,000 acres in the heart of the Coeur d'Alene Mining District. U.S. Silver is focused on expanding the production from existing operations as well as exploring and developing its extensive land holdings.
USSIF HUGE SILVER EARNINGS out today and MUCH MUCH MORE coming next quarter! Bargain basement price here... will be over $1 soon imo...
USSIF HUGE SILVER EARNINGS out today and MUCH MUCH MORE coming next quarter! Bargain basement price here... will be over $1 soon imo...
what's goin on? with this good news, should be going much much higher here... expected to see .60 today minimum...
USSIF HUGE SILVER EARNINGS NEWS!!! CC at 10am!!
USSIF HUGE SILVER EARNINGS NEWS!!! CC at 10am!!