GREY:CDKNF - Post by User
Post by
goldpolkaon Apr 15, 2013 1:40pm
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Post# 21255651
Mexican Gold
Mexican Gold While gold slide is disappointing (perplexing ?), with Goldcorp's costs running in the mid 500's per oz, still lots of profit for Mexican gold mining. Would seem that CYD is really "one sale now", ex cash of $17m, at $0.80 you get the rest of Cayden for $15m (land Goldcorp needs to expand their mines, and other drilling opportunities). Seems like a fairly decent bargain, IMHO.