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Politics : Gold and Silver Stocks and Related Commentary -- Ignore unavailable to you. Want to Upgrade?


To: Condor who wrote (17502)8/21/2005 9:23:37 AM
From: tyc:>  Read Replies (1) | Respond to of 18308
 
Capisco ! Grazie!

But apparently ongoing studies indicate mining costs are lower than expected, so lower grade ore can be mined economically. ergo more ounces in resources ?

I read somewhere that to justify production, a deposit should be profitable at$250 gold. I guess that was the justification for 6g/t cut-off..... And, as I read their NR's, they hope present drilling will show 1.5M oz even with that cut-off.