I might be reading the results wrong, but I see a cash flow of $0.09 and lower costs of $922 an ounce
Sentiment: Strong Buy
That's $0.09 per share
Time to run this thing to 3............
The consensus of the 8 analysts covering GSS for 3rd quarter 2012 is a per share value of USD .04.
Mean Estimate: USD 0.036
High Estimate: USD 0.05
Low Estimate: USD 0.02
I think the results were pretty good.
The market will overreact and sell this puppy off tomorrow.
Looks like they took a loss of 30 million on convertible debt. Not too sure about the details but it didn't affect the cash flow. Cash flow was very good along with bringing down the operating costs. I am happy with the results.