I think we all understand that the upward movement in AUMN is directly tied to a significant increase in gold/silver. 

I agree that Q1 is as good as it could be (given the metal prices), with the exception of the SG & A expenses.

SG & A is way too high for a depressed company like this.  Of course, we don't know the specific salaries paid, but presumably they makes up most of these expenses.  For example, of what value is an Investor Relations spokesperson to this company?  I'd release Karen Winkler who probably makes $100K+.  Surely someone else less costly can complete the quarterly accounting and reporting!  I'm sure there are other highly paid executives that contribute very little to this company during this extensive mothball period.

Silverbull50