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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: E. Charters who wrote (10687)5/6/2006 7:02:00 PM
From: peter snowdon  Read Replies (2) | Respond to of 78421
 
4 million per year, or $22.00 US per ton.

I guess that explains why Genco had 4.5 million in cost of sales last year?

Thanks for filling in yet more of the reality:
P



To: E. Charters who wrote (10687)5/6/2006 8:22:34 PM
From: LoneClone  Read Replies (1) | Respond to of 78421
 
That's one of the reasons I liked CMM's recent purchase of a mine and mill in Peru (besides the exploration potential). They are in a JV (60% if I remember correctly) with the employees who are actually running the mine.

This way the employees have a big interest in working with management to increase efficiency, productivity, and output, but management is still the majority partner with final say.

LC


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