OTCQX:BGMZF - Post by User
Comment by
Cognition777on Sep 12, 2018 5:07am
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RE:so let's try and figure out cash costs
RE:so let's try and figure out cash costsMr Wrong,
cash costs are in CAD ... revenue from gold sales would be in USD.
Gold equivalent price exchange in CAD for last 5 months has been around $1625 CAD average. Even if your incorrect math gave us a cash cost of $1440 CAD per ounce, we're still making $185/oz ($1625 CAD - $1440 CAD) not "losing $250 per ounce" as you say.