Good Post M..I gave you a thumb...not the finger..

Good question but a more significant piece of information than average gold mining grade is cost per ounce, which is a combination of grade (grams/tonne) and operating costs (USD/tonne).

Both are important pieces of information and once we combine them ,that is the question that will have to be answered as to wether we are going mining or not..That is the whole question on which our share price is riding...

If for example the answer is $10.00 an ounce....we would be in there like a dirty shirt..even at 500,000 ounces..

Imagine....

500,000 ounces of gold ,recovered at $10.00 an ounce or $5 million dollars..

500,000 ounces at $1000.00 recovered price($1010.00 Market POG) is 5 hundred million dollars..half a billion..PROFIT..!!!

But that is a dream...but the question is still the most important factor...combination..grade and recovered cost..

Portee