OTCQX:DMMIF - Post by User
Comment by
Rich12on Oct 02, 2008 11:20pm
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Post# 15501757
RE: Central Banks in Europe Favour Gold
RE: Central Banks in Europe Favour GoldM1, thank you, thank you, thank you. I was not aware of that. For a gold price of $700 /oz, the annual net profits will be approx. $73 million!!!!!!!!!!!!! And that's for Zaruma mine only!!!!!!!!!!!!! That's amazing. I was thinking about selling when the share price is in the $20 range, but now I will have to rethink this. Was anyone else aware of this? What will be share price if gold goes much higher and when Jerusalem mine comes into operating?