2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 425.94

+1.0%

Jan 14 4:00 PM EST

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To: average joe who wrote (66655)	9/30/2010 8:17:19 PM
From: Hawkmoon	Read Replies (3) of 219345

Geezus!! Gotta love this mine they're working in Chile: As at December 31, 2009, Pascua-Lama has proven and probable reserves of 17.8 million ounces of gold, with 671 million ounces of silver contained within the gold reserves1. With an estimated mine life of more than 25 years, average annual production is expected to be 750,000-800,000 ounces of gold in the first full five years of operation at total cash costs of $20-$50 per ounce2 (assuming a silver price of $12 per ounce), making Pascua-Lama one of the lowest cost gold mines in the world. For every $1 per ounce increase in the silver price, total cash costs are expected to decrease by about $35 per ounce over this period. barrick.com And gold at spot is around 1307??!! Buy ABX!!.. ;0) Hawk

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