Property, Plant and Equipment increase 2 million dollars (approximate) from 17.9 million in the last quarter 

Hard assets alone (carrying value) vs. the market cap even if you forget it is an operational gold silver operation (end of November 30 st 2012)

PROPERTY, PLANT AND EQUIPMENT

 

 

 

 

 

 

 

Mill and

 

 

 

Carrying Value:

 

Mineral

 

 

Mine

Office

Vehicles

Total

 

 

 

Property

Land

Buildings

Equipment

Equipment

$

$

 

 

 

$

$

$

$

$

 

 

 

 

 

 

 

 

 

 

 

 

Balance, Aug,31 2012

9,695,970

2,692,313

4,487,178

2,845,013

26,046

38,163

19,784,683

 

Market Cap:

Market Cap:

7,505,287

January 31 2013