SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold and Silver Mining Stocks -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (1688)7/22/2001 11:17:25 PM
From: Claude Cormier  Respond to of 4051
 
<There simply aren't enough superlative economic ounces around to replace the marginal stuff on the way out over the next couple years.>

Exactly.

< The reason is that even 150ish cash costs deposits don't especially work now. >

We need sub $100 in the current environment and there are not many of those on this planet.

<And that's revealing. To prove my point I'll ask the question, "Would Goldstrike (in total) or Kalgoorlie be built today?" >

The answer is obvious. No.