OTCQX:BGMZF - Post by User
Comment by
hammer161on Jan 03, 2015 8:24pm
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Post# 23283118
RE:Who respects jay Taylor ?
RE:Who respects jay Taylor ?
Wango you really are dumber than a sack of hammers. Like many of us here, except for you and perhaps Armchair, Jay Taylor has recognized that BGM is in very poor financial condition. Overall cost per ounce are calculated for each reporting interval. Previous costs or expenses are not included as you seems to think they are. If start up is more expensive, then it is more expensive. There have been no publically released costs calculated other than those reported at the end of October - and they were awful at $2400/ounce with BGM losing a dollar for every dollar of gold produced. As for the $800 all in cost figure - where did this come from? The updated numbers from the latest technical report- even the ones that Frank quotes - are for $900 operating costs - note that this IS NOT and all in cost. More BS from you. Even if they did apply current costs to a previous period then it all still adds up the same - BGM will be LOSING money.