Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (227312)	11/4/2009 8:41:40 AM
From: orkrious	Read Replies (1) \| Respond to of 306849

I read NGD's earnings release and wondered HTF did they go from $22.6 mil in Income from Mine Operations to $4.1 mil in net earnings? I had to look at the financial statements, only shown in the press release through a link. They had a $9.0 mil foreign exchange loss. First, that's a relatively big number. What the hell is it? Second, talk about understating your results and not tooting your own horn. They didn't even mention it in the press release.