PINL:VLTAF - Post by User
Post by
ALLEN4on Dec 20, 2012 12:00pm
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Post# 20756123
Goldrush
Goldrush There is a book out there called Goldrush that I would highly recommend. It contains a series of stories of the gold mining companies going about their business of exploring and developing deposits. There are many names in the book you would be familiar with, names such as High River Gold, Orezone, et cetera. Very compelling and exciting stories. The book however is a little out of date now, and refers often to the time period between about 2003 to 2005 I believe. There is a continual reference to the hope amongst the miners that the POG would just pass over $400.00. Well I know that the cost of production has gone up since then, but I find it difficult to believe that if the miners could be thrilled with $400.00 an ounce not that long ago, that we cannot be economical at $1,000 and ounce.