Yes, Q4 production is good but the real question is, "will they report a profit for Q4 in early February?Quite frankly, AUMN should have turned a profit in Q2 or Q3 at the latest.  They didn't because they wasted capital drilling in areas like Argentina and other parts of Mexico which are unlikely to generate any payback for years.

More importantly, now that silver prices have declined to $22-23, Valardena is not economical at this level.  Thus, the company only has 1-2 years of economic production at Rodeo remaining without continuing revenue from Valardena.

Silverbull50