* Chichi2* Pan American Silver Reports Record Earnings, Cash Flow and Production for 2007 Thursday February 21, 6:00 am ET
(All amounts in US dollars unless otherwise stated)
VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Feb 21, 2008 -- Pan American Silver Corp. (Toronto:PAA.TO - News)(NasdaqGS:PAAS - News) today reported unaudited financial and operating results for the fourth quarter and fiscal year ended December 31, 2007. The Company also provided an update on production, operations and outlook for 2008.
"By all measures, 2007 was by far Pan American's best year ever," said Geoff Burns, President and CEO. "We achieved new records for silver production, metal sales, operating cash flows, and net earnings, while at the same time solidly progressing our development projects. Our growing production, forecast at 19.5 million ounces in 2008, combined with robust silver prices makes our prospects for future years even brighter."
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.