Bema(Bgo) and Arizona Star Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Bema(Bgo) and Arizona Star

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: IngotWeTrust who wrote (10390)	5/20/2002 2:17:06 PM
From: marek_wojna	Read Replies (1) of 10482

<<There is NO silver premium in BGO pricing...you can quote me.>> Have a different view on the subject of silver in BGO pricing, and over the future price of silver. Julietta (page 2) \| The new development plan optimizes cash flow from the operation by scheduling the most profitable ore in the early years of the mine life. In the first year of production the Julietta Mine is projected to produce over 140,000 ounces of gold and approximately 2.4 million ounces of silver, with cash operating costs per ounce of gold, net of silver credits, estimated at $25 per ounce and total cash cost per ounce of gold estimated at $70. This represents a 31% increase in the first year’s gold production from the previously announced development plan projections. Over the first four years of production the new plan estimates average annual production of approximately 100,000 ounces of gold and 1.7 million ounces of silver. Cash operating costs per ounce of gold, net of silver credits, are estimated to average approximately $56 per ounce and total cash costs per ounce of gold are estimated at $100.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next