Track COP thru YE Rpts on XAU co's; basically a sine wave chart.
On the low end is the <$185 producer and on the high end is the $345 producer.
If a chart reference magically appears courtesy of our super effecient websurfers, Alex, Becker, Paul, Philv, Bobby Y, and more...then I, too, will be looking at it with great interest.
The trend has been to tweak the lower end in the last 12 months as the POG has fallen to at/near/insomecasesbelow Cost of Production (COP)
Logic dictates the COP lowers in times of lower POG,
and the opposite as well.
Why? Due to marginal reserves being brought into production as the price of gold rallies.
I would expect any statistical representation, bar chart, sine wave, whatever would reflect this Spockian Deduction.(grin)
GREAT QUESTION! <--- Sign of a successful investor!!!
O/49r |
