Kingsgate has a huge amount of silver in their production and they report it as silver revenue, NOT as a credit against cash costs!!!
If KRM want to be a serious company, then do the right thing and dont indulge in smoke and mirrors and confuse the small punters!!
I accept there is a huge amount of silver and that can come home to bite you when the price of silver retreats!! Think about it, all of a sudden your cash costs are not thtat LOW???
KRM Price at posting:
$1.41 Sentiment: Hold Disclosure: Held