Americas Silver Corp fka USAPF

[SOUTHPEN]

Money has been spent on the mine that added to costs. an old trick for mining companies is to wrap up mine costs in a capital expenditure which has been done here but also quite a lot of cash used from production going right back into the mine.Parker was criticized for establishing too many reserves . BS ,if you ask me. That's what a prudent manager should do. I give them a pass on cash costs (due the mine) because,it is a safe up to date facility and they are very possibly ahead of competition ,including HL in that regard.

I don't have the figures in front of me but i believe that we only LOST money this past quarter because of about 1.4 million into our old friend,"ADMINISTRATION",due from the merger.If we spent on administration costs in Q2 what was spent in Q1, Don't we make a PROFIT ? I think we do.