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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Skywatcher who wrote (63224)6/9/2006 4:00:48 PM
From: Claude Cormier  Read Replies (1) | Respond to of 110194
 
FYI,

Cash cost per ounce where minus $88 in the Q2, thanks to copper and silver credit. That compares with cash costs of plus $94, last year. So silver and copper have a lot to do with the triple of earnings in Q2.



To: Skywatcher who wrote (63224)6/9/2006 6:37:52 PM
From: ild  Read Replies (2) | Respond to of 110194
 
<<<superbly low cost per ounce>>>

So their leverage is small. If you believe in $2,000 POG then may be you should buy a producer with much higher costs and lots of resources.