Is it about how much gold you produce or how much money you...

Is it about how much gold you produce or how much money you make? The difference between price and cost Dec 08 to Dec 09 quarters was (1198-722) = $476/oz in 08 versus (1155-486 = $669/oz in 09.

The increase in the margin relative to Dec 08 is + $193/oz. That's a 40% increase. Wouldn't it be great if they made or exceeded theior revenue and profitability targets without having to produce as much gold - so it's still in the ground for later?

I know there's different ways of looking at it - just suggesting that oz produced isn't the start and end of the story. Just need that darn market to believe it!