"Our strategy to increase near-term value includes achieving at least 40% growth in production in 2013, to between 120,000 ounces and 135,000 ounces of gold, improving cash operating costs, reducing capital spending and, by the second half of this year, beginning to generate positive free cash flow."
Except that the poorly worded press release from Monday sAid Makuch was going to write down assets because of market conditions. I thought they just announced increased mineralization at Timmins? Just moronic in my opinion and something they should have done much earlier. Way to knock down shareholder value.