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Re: sanbrunobaby post# 2417

Tuesday, 08/13/2013 11:24:47 AM

Tuesday, August 13, 2013 11:24:47 AM

Post# of 5230
I think their main focus now should be to get their 3 mines all showing a profit. Lucky Friday is still producing a lot of silver, but at a cost of about k$35 an ounce. I know it's just starting back up, but that is awfully high.

All their misc. extra costs should be behind them now, so the next quarter should be profitable. Another loss, not matter how small or for what reason will work against the stock price quite badly. Stockholders and analysts gave them a pass this time, but I'm not sure about next time. Hopefully everything if fine and dandy now (fingers & toes crossed)and they'll show a nice profit next quarter.

Once they are solidly back in the green will be the time to start thinking about another aquisition.
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