Well ...years ago I lookat at gold at $ 5??.00 something US funds and converted it to Cdn dollars and watched it for a year or so at around $800.00 Cdn funds.

Later Gold climbed to the $1000 Us and it was worth a little over $925. Cdn.

Today we see Gold at 743.20 Us dollars and at 1.22 exchange it would cost me around 906.70 cdn per ounce.

So if they can produce Gold at $ 300 US or less... then one would think that at 1.22 it would cost approx. $366 Cdn to produce an ounce of Gold

Profit would be around $ 500 per ounce .. Maybe its time once again to sell half and build another war chest like a former Goldcorp CEO did.

And watch the gold price climb again.

Of course.. it's only my humble opinion.