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


To: ogi who wrote (62286)11/21/2008 11:31:14 AM
From: tyc:>  Read Replies (1) | Respond to of 78408
 
>>"I have always found Moly too slippery for me :)"

Berg and its Moly is a No Charge bonus. The essential point I think is that the Mt Milligan feasibility study said LOM copper would have a cash cost of only .65c per lb less gold credits @ C$674 ($600/.89c) per ounce, (from memory). Surely with gold over C$1,000 per oz, copper will have a negative net cash cost ? Pretty good leverage to price of gold I would say, eh ?