numbers are ok but price is getting whacked for a couple of reasons
. there was a lot of potential for the numbers to be substantially higher than originally stated but they are only marginally higher so bit disappointing
. they are behind schedule on the washing plants and everest north progress, at this stage i am thinking a year behind schedule contributing to share price pullback.
. they seem to have taken some heavy writedowns on exchange rate fluctuations from my quick read of the quarterly will reread again later.
still looking good but more medium to long term 2010/12 where 2 years back the timeframe was much more toward 2009/10, they will be drifting lower on low volumes until some more positive news flow.
SLV Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
