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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 (62980)1/22/2009 9:14:36 AM
From: loantech  Read Replies (1) | Respond to of 78426
 
About 400 USD.



To: ogi who wrote (62980)1/22/2009 10:20:20 AM
From: Claude Cormier  Read Replies (1) | Respond to of 78426
 
Cost are coming down very significantly as Island has now reach full production. Their target for 2009 is US$400/oz which should leave a 53% gross margin based on current prices.

The 4th quarter will show an imporvment in the third quarter, and it will be like that for all coming quarters.