Soldier, Where did you get these production numbers? " At 240,000 ounces/yr x $37.26 = $8,942,400.00."
The company is no where near that production...they barely produce $240,000 dollars of silver.
$2.5 million in revenue and NO MENTION OF PROFITABILITY!!!
Unaudited revenues for the fourth quarter, and full year ended December 31, 2010 together with comparative figures for 2009 are presented below:
ITRONICS INC.
For the Quarter For the 12 Months
Ended December 31 Ended December 31
REVENUE 2010 2009 2010 2009
Fertilizer $ 320,642 $ 510,244 $ 2,066,378 $ 2,485,467
Silver $ 55,136 $ 145,76 $ 385,933 $ 685,794
Photo Services $ 26,997 $ 32,873 $ 100,269 $ 131,643
Mining Technical $ 510 $ 888 $ 2,086 $ 35,248
Total Revenues $ 403,285 $ 689,766 $ 2,554,666 $ 3,338,152