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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: loantech who wrote (64683)4/4/2009 1:30:40 PM
From: tyc:>  Read Replies (1) of 78426
 
I see some discussion on the merits of copper/gold.

On another thread I suggested that the feasibility update for Mt Milligan might show improvement because gross figures seemed to be improving day by day.

Here, by my simplistic calculation, are indications of gross revenue figures in Canadian dollars. They have been calculated by simple arithmetic using daily spot prices for copper, gold, and the Canadian dollar multiplied by LOM average annual copper and gold production. (Simplistic and therefore only suggestive). I think it's interesting how increased copper prices now appear to be offsetting lower gold prices, just as higher gold prices offset lower copper prices.

nov 21 C$393 M (annual gross)
nov 28 399
dec 05 361
dec 12 378
dec 19 362
dec 26 371
jan 02 386
jan 09 383
jan 16 393
jan 23 399
Feb 06 415
Feb 26 427
Feb 27 433
Mar 04 440
Mar 06 449
Mar 09 450
Mar 13 444
Mar 19 452
mar 26 446
mar 31 456
apr 03 453
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