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Claude Res Inc CLGRF

"Claude Resources Inc is engaged in the acquisition, exploration, and development of gold and other precious metal properties. Its projects include Seabee Property and various exploration properties located at Laonil Lake. It also owns Amisk Gold Property."


GREY:CLGRF - Post by User

Post by marnesueon Dec 08, 2012 12:26pm
263 Views
Post# 20702769

Cash Cost

Cash Cost

With cash cost going out of sight, any management that can produce a profit at $1700 is doing very well indeed.

An excellent summary of cash cost escalation and the case for higher gold prices can be found here:

https://aheadoftheherd.com/Newsletter/2012/Rick-Mills-Low-Cost-Producers-Trump-Larger-Mines-in-Costly-Market.html

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