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

To: marcos who wrote (53437)	11/26/2007 5:14:01 PM
From: Step1	Read Replies (2) \| Respond to of 78409

Marcos, while i dont know the specifics of NG at Galore, and i wont really dig into them since i use charts instead, that argument has to be one of the most convenient for all kinds of management screw ups... Ok , aside from labour, what other cost can we really attribute solely to the C$? For everything else they buy, the costs are global, arent they? Steel, concrete, fuel, machinery... Whether you are in Chile, Argentina, Wyoming, Ulan Bator or Nicaragua, will not steel be about the same. So, with a strong C$, you have a better buying power... Cant recall the name of a Midtier who just announce a doubling of their mine capex in Argentina, albeit a much smaller project, therefore less of a headline, yet this is happening for all of them. So, aside from labour? step1