When you go over to the press release and peruse those numbers, why not ask yourself exactly how GPR generates its cash cost number of U$4.80/oz Ag but only records a net profit of $1m in a quarter that sees it sell nearly $10m of metal.
Why is that? Seriously, the GPR avg silver Eq price for the quarter is $15.38/oz. And cash costs at $4.80/oz. You'd think they'd clear over $10 an ounce, right?
Think about it.