Revenue fell from March 2013 Quarter ($1,467,000) to June 2013 Quarter (1,195,000).
There's $200K less cash in the kitty than 3 months ago.
Price of Gold from March to June has fallen by over $100/oz.
There's no ore at this point from the A1 Gold Mine. But there's potential of a cash surplus of between $6.9M and $20.1M at the open pit at Pearl Croydon but we must wait until early 2014 to commence mining here.
ORS Price at posting:
8.9¢ Sentiment: Hold Disclosure: Held
