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Gold/Mining/Energy : Royal Oak-RYO -- Ignore unavailable to you. Want to Upgrade?

To: Little Joe who wrote (562)	12/12/1997 4:28:00 PM
From: roger fontaine	Read Replies (2) \| Respond to of 1706

Little Joe.Nice to have you on the thread.The answer to your question ist he cost is suppose to be $79.00 using the copper mined to lower the actual price per oz of gold.This was also at a copper price of $1.00 and copper is only at .82 appr.I can't recall exactly but for every .10 change in the price of copper it affects the price of gold mined by appr.$27.00,therefor, copper at .80 it would cost $133.00 to mine the gold.With copper at $1.10 the price to mine the gold would be $52.00 per oz.I hope this answers your question.