q2 july titbit operating costs 97c per oz, page-4

I think CXC has been very selective in presenting production data.

For example at Palmarejo they are comparing production for the the 2nd quarter in 2010 with 2nd Quarter 2009. Last year the plant was still ramping up so its not surprising there has been a big jump in production compared to 1 year ago. However production at Palmerejo has fallen in the last 3 months compared to the 1st quarter 2010 which is a more vailid comparison. So rather than explaining why production has fallen for the 2nd Quarter they compare it with a ramp-up period and say how great a job they have done when actually they haven't done so well at all.

Overall things do look positive for the future with Kensington, Palmarejo & San Bartolom? and even Rochester restarting. However not telling the real story is bad form and not something that leads to confidence in management.