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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 (62330)11/24/2008 7:54:01 AM
From: tyc:>  Respond to of 78407
 
>>"...well one number might, and that's the per-pound for Doctor Copper"

Copper up 6% this morning !

The point is that Mt.M would be a Canadian mine whose costs would be in Canadian dollars. My arithmetic says that at C$2.35 per lb the cash cost of gold net of copper by-product revenue might be zero. This morning's price is ($1.68*1.2643=) C$2.12. Keep the faith, (although faith in my arithmetic is not recommended! We'll see what Mrs Market says later)