Gold, Silver and Copper Prices are Drifting LowerThe economic viability of the Sunridge Gold project could become a problem if copper prices drop below $3.25lb. Nevsun is commissioning a full scale open pit copper mine into production. This will contribute to the copper surplus and create a glut on the market. What investors on this message board fail to understand is that two things have happened since Nevsun went into production in 2011. Costs for junior mining companies like Sunridge Gold have gone way up. Plus gold and other metal prices have taken a big hit and dropped lower. This is not a good combination. In my opinion SGC management needs to initiate cost cutting measures to reduce the cash burn rate in order to compensate for falling metal prices. This should include reducing bloated salaries and compensation of company directors. My main concern currently is what happens if the FED does another $10 billion taper next week. Things could get ugly if gold prices take another big hit next week. - Source - https://finviz.com/futures.ashx