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Gold/Mining/Energy : Winspear Resources -- Ignore unavailable to you. Want to Upgrade?

To: paul centis who wrote (20891)6/18/1999 7:01:00 PM
From: Andrew  Respond to of 26850
 
I think they are expecting to mine it at a cost of about $80 a ton. A hundred US a ton is still a fair profit.



To: paul centis who wrote (20891)6/18/1999 7:03:00 PM
From: Shaw  Read Replies (1) | Respond to of 26850
 
Hi Paul,

I heard that $225US/ton was the minimum for an operation (from an analyst). Where did you get the $200US figure as feasible???

Dean



To: paul centis who wrote (20891)6/18/1999 7:55:00 PM
From: maintenance  Read Replies (1) | Respond to of 26850
 
The cost should be lower not higher! We are going to get a change of shareholders. The people who were expecting $12000 per ton will sell. The institutions will realize that there is no question now this is an economic mine and will movie in. I expect the price to climb over the next while to around $10.

Cheers


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