Re: Talk about Putting,'Lipstick on the Pig'.

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Re: Talk about Putting,'Lipstick on the Pig'.

in response to

Re: Talk about Putting,'Lipstick on the Pig'.

Lunch Meat

posted on Oct 06, 2011 09:24PM

I like the exploration results better than production.

Last 1/4 (Q2) 19,276 ounces were produced and 28.4 mln in revenue.

This 1/4 19,119. At $1650 per ounce is $3.154 mln. (still not cash flow +ve).

Would appear TD got these results earlier today.... if they reduced their target down to $3.50 from $4.00.