GREY:DRGDF - Post by User
Comment by
DEXT3Ron Apr 15, 2013 11:56am
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Post# 21255027
RE: 22.8%
RE: 22.8% Because DGC isn't even in full production yet, gold prices are in free fall. Gold goes down, they make less money.... every dollar it falls is $1 pure profit lost
Other gold stocks your looking at might have lower cash costs per Oz and I bet they didn't have a huge surge like DGC did, harder the push up, harder the push down.
"Credit Suisse analysis continues to suggest financing risk not significant unless gold averages less than $1,200/oz in 2013"