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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Rocket Red who wrote (144606)	1/31/2009 12:38:42 AM
From: marcos	Read Replies (1) \| Respond to of 313017

Nowhere near 8m now, as they kept working on the Galena shaft for some time, for a while they cut the crew down there and got more cost-efficient, then shut it down entirely ... plus there were a few bucks spent on plant improvements i think ... highly unlikely they were running an operating loss for any length of time, and should be fine now ... but i think my guesstimate of cash was around 5m or just under ... of course if they've got costs down to where 11-12 dollar silver nets cash flow after g&a and all other exp, then they're positive and kitty building dmm.to - don't think it'll take a month to close that, it was probably bags of money that walked in their door, not anything they had to chase [caught your comment upthread] ... so i haven't offed any on the news, even though there are several that do look warmer in the very near future ... determined to hold to a fill of that april gap, 5.99 or bust -g-