OTCPK:MEAOD - Post by User
Comment by
JRaffleson Oct 14, 2014 3:59pm
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Post# 23027133
RE:GP
RE:GP
When considered in line with falling oil and steel prices, the consumable costs of miners must be falling and assisting margins.
On the currency front, my GB pound currency has fallen in the last six months from about 1.72 to the $ to 1.59 today - unfortunately that has not compensated for the SP performance, as $/Gold prices seem to have a leveraged effect on the SP.