usa.v - apparently they have their PDAC presentation on the website, shows costs at just over 11.00/oz, and sensitivity to PoAg at 2.5m bucks for every 1.00/oz ... the 2.5m is in loonies no doubt, but that's fine as you relate it to shareprice anyway ... so at say 14-dollar silver, they'd have positive cash flow of cad7.5m, over a quarter of current market cap ... at 10-dollar silver they have trouble, go broke slowly, at 18 going on 22 the stock goes nuts
You're not the only one LC, i watch little to no television period, business or otherwise ... there are some good things like Rick Mercer and the Simpsons but they never seem to be on at the right time, and the commercials are irritating ... bang, off it goes and the radio back on, CBC of course ... the other evening driving, they were bringing on a guy who had made a study of toe jam, had to answer a phone call though, missed it, damn ... but it's good meaningful stuff like that that keeps you tuned in, eh ... still recall everything about the day in the seventies that Barbara Frum called up Idi Amin, caught it live |