that's about the size of itAnd guess what? Yup, they suck again.
When you go over to the press release and peruse those numbers, why not ask yourself exactly how GPR generates its cash cost number of U$4.80/oz Ag but only records a net profit of $1m in a quarter that sees it sell nearly $10m of metal.
Why is that? Seriously, the GPR avg silver Eq price for the quarter is $15.38/oz. And cash costs at $4.80/oz. You'd think they'd clear over $10 an ounce, right?
Think about it.
When you go over to the press release and peruse those numbers, why not ask yourself exactly how GPR generates its cash cost number of U$4.80/oz Ag but only records a net profit of $1m in a quarter that sees it sell nearly $10m of metal.
Why is that? Seriously, the GPR avg silver Eq price for the quarter is $15.38/oz. And cash costs at $4.80/oz. You'd think they'd clear over $10 an ounce, right?
Think about it.