you were right Yan

Revenues from placer mining operations increased significantly for the quarter to $1,079,000 (June quarter: $349,000). Gold production in September and October was considerably higher than for the winter period with the December quarter expected to increase further.
The Company had a net loss for the three months ending September 30, 2012 of $456,000 vs $670,000 for the similar period in 2011.


Three months ended Nine months ended Notes
September 30, September 30,
2012
$''s		 2011
$''s		 2012
$''s		 2011
$''s
Revenue 1,079,000 180,000 1,595,000 607,000
Cost of revenue (1,360,000 ) (114,000 ) (2,408,000 ) (352,000 )
Gross (Loss)/Profit (281,000 ) 66,000 (813,000 ) 255,000 1
Administrative expenses (122,000 ) (334,000 ) (821,000 ) (769,000 ) 2
Salaries (net of exploration costs) (65,000 ) (69,000 ) (190,000 ) (183,000 )
Finance income 12,000 (6,000 ) 18,000 31,000
Non-cash items
Stock based compensation - - (556,000 ) -
Write down of mineral properties - (327,000 ) (6,590,000 ) (327,000 )
Loss before & after Income Taxes (456,000 ) (670,000 ) (8,952,000 ) (993,000 )