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Message: Re: Why I invest in Gold..Bliz...Traps7
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Dec 06, 2009 03:47PM

...kinda says it all Bliz, .....raise the interest rate and the debt numbers rise faster, keep the rates low and the dollar goes lower. Either way inflation will keep the gold futures market alive. Sans mining plan , one of which is to go after our low hanging fruit ( Hinges- Low cost ) and take advantage of a higher gold price is good strategy. I see two yrs out multiple stopes feeding our mill at $ 180 . an oz and now with 56 oz in a 10 ft mining width from the deep we could see these cost as peanuts as only 7 gr an oz is profitable....San quotes 11.5 cu.ft as one oz per ton. I see a mining face 7x7x9 =441 cu ft divided by 11.5 cu ft =38 tons. San with 56 oz per ton IN 10 FT widths we could see huge oz coming up from the deeps and with a mirror on the JV San should not be taken for granted. Long On The Golden Fairway...Traps7

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