SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Medinah Mining Inc. (MDHM) -- Ignore unavailable to you. Want to Upgrade?

To: Mike Gold who wrote (11147)4/14/1999 9:03:00 AM
From: superdow  Read Replies (1) | Respond to of 25548
 
don't quite understand the economics of the deal
if cash cost is 190 per oz. profit would be $100 per oz
assuming price of gold is 290 per oz.

100 x 370,000 oz in first year is 37 Million profit
Newmont's take would have been 24M (37 Million x 65%)in one year alone...

Perhaps I don't understand the concept of cash cost



To: Mike Gold who wrote (11147)4/14/1999 12:00:00 PM
From: J. Williams  Read Replies (1) | Respond to of 25548
 
Mike, you say the Newmont is a MDIN suitor. Perhaps I missed that info somewhere in these many posts. Would you direct me to where I can see that info. Thanks, JWMS


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News