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To: long-gone who wrote (66712)3/29/2001 1:59:38 PM
From: goldsheet  Respond to of 117047
 
> but now all HM silver is covered.

Correct. The other silver thing HM did recently was to treat the silver as a byproduct credit instead of revenue at Eskay Creek. They used to report silver and gold production numbers, but now they just report the gold production, sell off the silver and credit it to the expense side instead of reporting it as revenue. Bottom line: Cash gold production costs are now reported as about $30 per ounce


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