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Strategies & Market Trends : Ride the Tiger with CD
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To: Rocket Red who wrote (168283)7/7/2009 3:50:34 PM
From: Claude Cormier  Read Replies (1) of 312653
 
I agree that the picture has changed and it seems that you could be right. But CKG still has 22M ounces of gold equivalent. What if they tune up the process enough to comes out with a positive economic study? They were not too far.

Keep in mind that we are in an environment where gold price is going up but costs are coming down or at least not going up.
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