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Rio Alto Mining Limited RIOAF



GREY:RIOAF - Post by User

Comment by thebakeron Apr 17, 2013 10:28am
185 Views
Post# 21264996

RE: Not a good week.....

RE: Not a good week.....

The price of gold does not alter the estimated ounces. Yes, it does change the bottom line, but that is not the purpose of the estimate, nor should it affect the perception of what is there. The fact is, there are more ounces, to sell at whatever the going rate is, or to mine and sell when the price recovers, which it will.

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