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Gold/Mining/Energy : Claude Resources TSE.CRJ Undervalued Junior Gold Anyone? -- Ignore unavailable to you. Want to Upgrade?


To: Rick W. who wrote (189)4/8/1999 8:20:00 PM
From: Enigma  Respond to of 359
 
Yes - I have noticed that they have used $325 fairly consistently. I don't know why. dd



To: Rick W. who wrote (189)4/8/1999 10:27:00 PM
From: Terence Mitchell  Read Replies (1) | Respond to of 359
 
Hi,

Did it occur to anyone that what they were really saying was, we are using $325 as a cutoff as a minimum price of gold to render the gold content "worth" mining. (ie, as opposed to ozs/ton)

I always thought that the definition of a resource was "can you sell it for more than the cost of producing it"

I don't have a problem with this definition at all, or is it my 40 years mining experience that is missing something here ???

regards, Terence M



To: Rick W. who wrote (189)4/10/1999 9:57:00 PM
From: Gord Bolton  Read Replies (1) | Respond to of 359
 
sn.apc.org
Old news but still interesting.