OTCPK:MSSNF - Post by User
Comment by
mewbuddyon May 01, 2013 11:29pm
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Post# 21328075
RE: .014 bid in usd
RE: .014 bid in usd maybe because it's Red Mountain project has 47% IRR when gold price is 1346? maybe because the cash cost is around 550 which is much cheaper than Kinross's average production cost? lol, 2 cents give MNR 2.8M market value which means it's indicated 0.99g/t gold worth 2 dollars a oz.