TSX:SGR.UN - Post by User
Post by
hydra100on Nov 14, 2010 5:28am
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Post# 17703655
COST PER OUNCE
COST PER OUNCEMy understanding is the cost per ounce given includes every cost except exploration and drilling.
I believe they should never have sold this gold. With prices going up they should have either never refined this in the first place as they must have known how much it would cost or held on to it until prices rose.
Dale did so for one purpose only, hey a record number of ounces produced.
I also am not sure this is legal for a company to knowingly sell at a loss.