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

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To: Postman who wrote (64787)	4/12/2009 3:45:40 PM
From: niceguy767	Read Replies (1) of 78408

"What is their projected cost of producing an ounce of gold and can it be believed that they will meet it?" From the April 6/09 report posted previously: "We are being conservative in saying an average of 5-6 g/t at 1200TPD 94% recovery will get us close to 70,000 ounces gold per annum, with a blended direct cash cost of ~US$458 - this should be in about 14 months from now, by July, 2010."

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