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Message: From Blizzy on SH

From Blizzy on SH

posted on Nov 25, 2009 10:42AM

I did this math this morning, coffee more coffee.
We are so focused on the underground that we pay no thought to the dreaded open pit.
but, i did.
sigma closed at a cash cost of @800.00/oz
with all the shut down, write downs factored in to that number.
take them out, do the math again.
gold at 1150 and climbing.
this could become a real thing.
comment on this, do the math.

So this open pit could be reopened and making money pretty quick if POG keeps this up.

G.

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