GREY:HRIVF - Post by User
Post by
Honkeybillon Apr 23, 2009 12:42pm
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Post# 15939527
65 million alone from Taparko?
65 million alone from Taparko? If the article is factual and the POG stays above 850 we're looking at 65 million gross from one mine. I have no idea what extraction costs are but even at 600 an ounce, that's 16+ million in cash flow .
Something tells me the mining costs are well below 600.
It again points to value and why the russkies are trying to steal it.