RE: RE: RE: RE: RE: RE: Let's discuss the companyIt's really not as terrible as it seems. The construction and re-construction phases of both mines are pretty much done, and the test has been passed too. If the uranium price stays low they can limit themselves to whatever uranium just happens to fall by their way as they mine the gold. Gold price is going up significantly. Gold mining cost per ounce has accounting gimmicks in it as well but it's bigger problem is that the cost per ounce is over low volumes, and once the volumes are higher the fixed costs are spread over a larger volume of ounces produced and cost per ounce falls.
Don't forget the rich value-in-the-ground here, which puts a floor under the PPS as someone in the world wlll eventually buy this mine and mine it correctly, if it's not current management that does it first.
And can you imagine what happens if uranium price moves up just a little this fall with all the QE money splosing around the world?
I still say $1 PPS by Dec 31