Speaking of Cash costs....

Aurelian Resources Was Stolen By Kinross and Management But Will Not Be Forgotten

The company whose shareholders were better than its management

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hawnkoa

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Speaking of Cash costs....

posted on Dec 31, 2007 02:42PM

Was reading a Dec 17 News release from Gammon Gold ( a one time high flyer) and found this interesting....

"Total cash costs in October and November decreased by $276 (34%) from Q3 to an average of $546 per ounce Au (eq) in October and November, prior to recording of any potential quarter end adjustments occurring in the normal course of events. "

Under the leadership of Freddy George this company went straight down the tubes....he is still there but the rest of the management has been replaced.

Made a lot on this one on its way up but sure am glad I got out when the insiders started "taking their big cut"...and decided to merge with Mexgold !!