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Gold/Mining/Energy : Precious and Base Metal Investing

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To: Claude Cormier who wrote (333)10/26/2001 10:57:47 AM
From: Claude Cormier  Read Replies (1) of 39344
 
<could support 120,000 oz at a cash cost of $90, and a capex of $35-50, >

I can't see that CAPEX of $35-$50.. they mentioned $90M after the new redesign and optimization. Not sure this would provide a decent IRR at current gold price.
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