I keep re-reading in case I missed something, but.... all I can see is a normal quarter of production. I do agree that the gold production is below my expectations and I am pretty sure, the company had planned on more being produced, as the tailing's were only supposed to last for 12 months. That being said, I do very much agree that its still early days. I estimate that it is likely now cash flow neutral, or close to it, which is good enough for me in the short term.
I guess those wanting a quite profit have jumped at the numbers today. Fair enough I guess, but... I am not here for a quarterly bounce.
I do appreciate the pessimistic posters, especially the holders, as having different viewpoints is what makes HC such a great forum. Good luck to all holders.
RVR Price at posting:
21.3¢ Sentiment: Hold Disclosure: Held