Re: nice results; this will be bought out
in response to
by
posted on
May 13, 2008 03:48AM
Very good operating margins and huge admin costs tells me that someone will buy this one out and clean house.
They show Mine Operating earnings $4,877,731
then, Net Loss ($1,520,053)... that's $6,397,784 in expenses. Yes some is depn and writedowns/taxes etc that still is a lot of admin that would appear to be out of control.
BB
ps We will go up today because of the big margins and ramping up of production.