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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?


To: nspolar who wrote (1990)3/6/2004 3:28:33 PM
From: crustyoldprospector  Respond to of 60929
 
Mineweb publishes that spreadsheet for the 150 or so largest PM miners a few times every year. Maybe you can find the latest addition there.



To: nspolar who wrote (1990)3/7/2004 9:18:28 AM
From: chojiro  Read Replies (1) | Respond to of 60929
 
KGC has been pissing me off, but then I read this. Have not checked the accuracy and I do not do enough FA to confirm. Interesting none the less.



His claims that KGC is "extremely undervauled"
compared to CDE because they(KGC) have five times more proven/probable reserves in ground are invalid because he is not taking into consideration the costs in retrieving the metals.
Don't quote me on this, and perhaps someone can either correct or substantiate it, but I think CDE's costs for gold are next to nothing and at some of CDEs mines, their cash costs for silver are very low also.
So when comparing valuations, we need to consider more factors than just in ground reserves.

FTR, I own both stocks but in recent months CDE has become a much larger percentage of my portfolio