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St James Gold Corp V.LORD

Alternate Symbol(s):  LRDJF

St. James Gold Corp. is a Canada-based gold exploration and mining company. The Company is on focused the discovery and development of economic mineral deposits by acquiring prospective exploration projects. The Company holds 29 claims, covering 1,791 acres, in the Gander gold district in north-central Newfoundland located adjacent to New Found Gold Corp.’s Queensway North project, and nine claims, covering a total of 1,730 acres, in central Newfoundland located adjacent to Marathon Gold's Valentine Lake property. The Grub Line property is located approximately 3.5 kilometers (km) west of the town of Gander, NL. The Quinn Lake Property comprises two contiguous mineral licenses totaling 700 hectares (ha).


TSXV:LORD - Post by User

Bullboard Posts
Comment by doeyebuyon Mar 13, 2013 4:53pm
216 Views
Post# 21125076

RE: Gold in the system

RE: Gold in the system

interesting post finder, I have been following a few gold miners and the whole sector is down alot, one major problem seems to be the very high cost of mining an oz of gold. I'm just learning now that when all is factored in from the perspective of operating a mining company i.e bottom line profits versus total costs or as it's being refered to "all in costs" the majority of companies have cash costs of 1150 to 1400 and some much higher wich is partly why the share prices have dropped so much. I know this is way premature but what do you think the "all in" costs would be after all the exploration and mine development, wages and all the rest factored in. what minimum price would gold need to be for us to be profitable. Just feeling optamistic today

Bullboard Posts

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