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Gold/Mining/Energy : GSS-Gold Star Resources

GSS 3.900

+0.3%

Jan 27 4:00 PM EST

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To: sammaster who wrote (77)	8/8/2006 7:32:55 PM
From: Richard D	Read Replies (3) of 200

Continues to look like they pushed costs into the first half and profits into the last half. If you mine a bunch of ore but don't process it for sale, then your cost goes up big time. They are stockpiling this ore for the Biox (when it's complete at end of 3rd quarter). That's the reality that doesn't hit everyone on a quick read. I agree with 4th quarter view. They did what they needed to do this quarter. Need to listen to CC for more details.

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