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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 (20272)9/6/2006 1:03:49 AM
From: Amark$p  Read Replies (2) | Respond to of 78419
 
The other drawback of KGI is their employee mining workforce. Seems KGI continues to have difficulty finding, training, and retaining good mine employees. Nonetheless, at $600 POG even KGI's mine workers should be able to generate a profit SOON and the new mine equipment and infrastructure capex should help productivity. Further, KGI goal is to be taken over when they reach that 5M ounces, and a major will likely be able to make their mine operations much more profitable...