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Gold/Mining/Energy : Exall Resources/Glimmer Resources -- Ignore unavailable to you. Want to Upgrade?

To: winzer5 who wrote (1313)6/16/2007 11:21:24 PM
From: E. Charters  Read Replies (1) | Respond to of 1319
 
I think their CPO will be closer to 365 CDN @ 0.20 OPT

If they custom mill, their costs could be close to 450 CDN per oz.

At better grade, I think those costs would be much lower. Respectively, 298 and 360.

I had thot they were about 0.30, though.

38 million for a nice sized mill.



To: winzer5 who wrote (1313)6/16/2007 11:59:33 PM
From: E. Charters  Respond to of 1319
 
The other thing about custom milling is you lose all the nuggets. Many mills get scads of gold in the clean ups. Clean up at the Dome netted 60 million dollars in the late 80's.

EC<:-}


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