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Re: None

Thursday, 04/21/2011 11:02:55 PM

Thursday, April 21, 2011 11:02:55 PM

Post# of 100241
Q4 posted $861K revenue, Q1 2011 will be stellar

Q4 revenue = $861K and that was the full year rev also. Gross margin 43%.
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=46663

For Q1, 2011 they produced 11/oz per day e.g. around 900 ounces for Q1. That gives $1.26M revenue at $1400/oz.