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Strategies & Market Trends : Ride the Tiger with CD

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To: dara who wrote (100005)11/29/2007 11:17:50 AM
From: Claude Cormier  Read Replies (2) of 313059
 
The grade is not everything. There are always other considerations, most of the time more important. Stuff like infrastructure, ore types, topography, metallurgy, size..., underground/open pit, strip ratio etc

A deposit can produce gold at $125-$150 per ounce with grade near 1 g/t gold and other one may cost $350 per ounce..

A high grade deposit can produce at a cost of $300-$400 while another one can produce at sub- $200 or even sub- $100.

It is a very complex business and all stocks must be evaluate to their own merits. And that is not easy.
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