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To: IngotWeTrust who wrote (10152)4/18/1998 3:52:00 PM
From: Giraffe  Respond to of 116815
 
>>I believe you would find 24mo. ago COP chart to be the peak of the last 20 years
and this most recent 12 mo. COP chart to be the first "lower COP" in your COP "mural" of the last 20yrs COP charts.

Does this help clarify?<<

That helps, thanks.



To: IngotWeTrust who wrote (10152)4/20/1998 1:35:00 PM
From: Pete Mimmack  Read Replies (1) | Respond to of 116815
 
Hi Ol' -

Just catching up on my week-end reading, and have one fact to support your point. YE report for Glamis Gold (small producer with properties in CA), lists their projected "break-even" POG for '98 at $303 vs $320-$340 over the last 3 years, increasing as you go back. Their cash costs are in the low $200s.

Pete