GREY:HRIVF - Post by User
Comment by
factoryon Jan 06, 2010 3:27pm
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Post# 16645992
RE: Production costs climb equally to the rise in
RE: Production costs climb equally to the rise inFrom the company's own web site, go to page 19:
https://www.hrg.ca/i/pdf/Presentation.pdfOne of their mines cost $580/oz in 2008. Exponential cost growth. In 2009, projects out to ~$700/oz. In 2010, over $850/oz
It sucks, but that's the reality. The locals know you're making gobs of money and soak you in turn.