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TYHEE GOLD CORP

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Message: Re: US$1,384 per ounce base case
3
Jul 26, 2012 08:35AM

As I know you know Hansix, undoubtedly $1384 leaves plenty of room for profit. Good rhetorical question though in any case. It's been so long I forget - Baires - was the all-in cost on the PFS $850 or so? Expenses may be higher but open pits with relatively high grades continue to prevail. Even if all-in cost is $1000, that's still 38% operating profit.

We should have the numbers. It's the financing that hopefully will follow that's critical IMHO.

Strike

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