See a company that is going through a speculative future revenue phase to a hard numbered PE producer. Some debt, not enough to worry about, and profit being downgraded a notch with expenditure considerably more than income for a couple of the last few quarters, all for enhanced future revenue though, but that speculative part is being discounted now, and all this in a negative market is having an effect. If they come through with a healthy operating cash flow that enables them to pay off more of their debt in the quarter just gone, then the sp should hold up well this next quarter. Can't see it them running for a while yet.
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WEST COAST SILVER LIMITED
Bruce Garlick, Executive Chairman
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