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Three points to make here on the blog about the 2q12 production numbers just delivered, all pretty basic:
1) Gold numbers were pretty good (esp from San José), Pb and Zn was a bit light at Caylloma, but what matters at FVI is the silver production and the rest is noise. It's not got the word "silver" in its corporate title for nothing.
2) Here's the quarterly breakdown of silver production, including the latest numbers:
The 2q12 was a good one for silver and puts the company on a straight line production of 3.9m oz Ag for 2012. This compares to company guidance for the year of 3.7m oz. We note an intraday price rally in FVI on these numbers, which is wholly merited.
3) This is the difference between a silver miner that consistently delivers on its promises and those that don't.