They have 90 days from financial year end to file the annual report of which the 4th q will be included. All other quarterly results are 45 days from the end of the quarter.

http://www.tmx.com/en/pdf/TSXFilingGuide.pdf

They pretty much spell it out in the January 2011 presentation that 2010 production is ~40k ounces so the market obviously is aware of this already. Cost per ton is the unknown but if they only produced ~5 million ounces in q4, how far off q3 numbers can it be if they stated in the q3 MD&A that grade and mill rate were increasing. I'm not certain but there must have been gold in process in q3 that didn't hit the financials. They obviously stopped milling.

No question they can produce as they mined 776 tons/day, milled 818 tons/day and cut in 1600 m of ramp development in Q3 and at that time had about 35k ounces already produced while income from operations for Q3 was over $4 million with revenue from operations for the year already up around $32 million.

If they are in takeover mode and shopping it, you would think resource depletion would rank higher on a would be suitor's watch list than cranking up the mill.

Growth strategy
"The Company’s growth strategy is two-fold: (i) to establish a profitable mine production level and (ii), to continue exploration activities towards increasing the level of reserves and resources. This strategy includes seeking joint venture and other relationships with companies or individuals that can be accretive to reserves and resources and by
extension, accretive to shareholder value."

Considering the amount that is spent on non production related expenses, I believe they have already achieved part (i) of the growth strategy as they are already cash flow positive from operations. Now they just need to work on (ii) which maybe they already have what they are looking for and are taking care of loose ends before the exploration potential is marketed.