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 (62189)	11/14/2008 4:37:30 PM
From: tyc:>	Read Replies (1) of 78409

>>they'll both rock when copper starts on the way back YES ! Perhaps even before then. The MtM. feasibility base rates said, cash cost of copper production would be (LOM) .65c per lb net of gold credits with gold at Canadian $698 per oz (600/.86). But Canadian price of gold is even now above C$900 per oz ($745/.82)..... so who's afraid of low price of copper ? The market is saying no way will this get financing. Is the market ever wrong ? Do Black Swans exist ?

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