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


To: loantech who wrote (66200)7/14/2009 9:02:59 PM
From: tyc:>  Read Replies (1) | Respond to of 78409
 
Yes ! according to the FULL feasibility study done last year (YD was only a prefeasibility study). I monitor prices daily and at todays prices copper revenue would almost be sufficient to meet all expenses so LOM 217,000 oz gold per annum would be at no cost net of by product credits. Moreover, at todays prices gold revenue would equal copper revenue. So if you consider it a copper mine, the copper would be cost free net of the gold by product credits.

I new feasibility study is expected in November. I read somewhere that it is intended to persuade G to exercise its option for participating interest in Mt Milligan. And then there's Berg which to my mind could be the equal.

But the stock (prior to this morning) has been dropping, so I sold some. Sayonara is not goodbye !