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11/7/14

Gold Resource Corp (GORO) 3q14 results

Right here.  My fave bit...

"...if the Company had not stockpiled the 5,878 gold equivalent ounces of the high-grade gold and silver concentrates in its inventory, in preparation for processing in the new Aguila Mill Doré facility, the outcome would have resulted in net income instead of a net loss per share for the three months ended September, 30, 2014."
...which was more than wonderful. OTOH if they'd paid all the tax they owed it would have been a whole lot worse...but hey, details. And on that subject (and the heavy sag in the price of silver, and the YE bonuses mgmt is bound to pay itself, and this, and that) if you think this 3q14 is bad just wait for 4q14.