I am looking at buying a goldie. I see TRY has been beaten down a bit. A presentation shows that this co generated $208M in 2012 and a profit of $31M. Am unsure what 137,000 ounces of gold eq production means. Does this include silver production? Also this production states that the cost is $625 ounce gold eq. What am I missing? A cost of only $625oz and 137,000 oz production means a $1000 profit per ounce which should result in a profit far greater than $31m? Could someone please explain the numbers here and also clarify what TRY hopes to produce in 2013?
Thank you
TRY Price at posting:
$3.80 Sentiment: None Disclosure: Not Held