Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: marcos who wrote (37193)	3/28/2007 5:53:35 PM
From: tyc:>	Read Replies (1) of 78418

The arithmetic is not quite that simple, Marcos. There is a revenue sharing deal with the smelters. The higher the price of nickel the more $ the smelter takes. That's why fourth quarter revenue showed only $10.35/lb I think.

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