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Message: Re: New Target $0.00
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Nov 13, 2012 07:41AM
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Nov 13, 2012 10:02AM
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Nov 13, 2012 10:17AM
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Nov 13, 2012 04:06PM

Costs are up across the board for everyone, check out Barrick and Newmont. I agree with Hotmuck, accounting is keeping this out of the green and the long term plan is 2500tpd and they are currently only mining 1600. That's over a 50% increase in mining, so they need to get to the stuff first and until then grade dilution will be an issue. Maybe one day it all comes together nicely just as gold is going over 2k. I think we'll have the answer in the next 2 quarters.

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Nov 13, 2012 06:03PM
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