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Gold/Mining/Energy : Canadian Warrants Only -- Ignore unavailable to you. Want to Upgrade?

To: onepath who wrote (8727)6/11/2009 10:36:31 PM
From: maxncompany  Read Replies (1) | Respond to of 23091
 
Much like the old Wheaton River before being swallowed by Goldcorp. Now maybe TRX turn to be swallowed by Goldcorp.



To: onepath who wrote (8727)6/12/2009 12:44:25 PM
From: tyc:>  Respond to of 23091
 
>>but as you note the copper alone should cover costs

This is perhaps worth monitoring:

Take a look at that slide 14 again. It shows that negative cost per oz of au production might start with the copper price somewhere between $1.75 and $2.25 per lb. Their calculations use on a C$ exchange rate of .82, so in Canadian dollars that's somewhere between C$2.13 and C$2.74 per lb. ... C$2.65 per lb would be about right. Today's Canadian price of copper is ($2.36*1.12=)$2.64.


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