Gold price will probably drop below costs + could show lossThey sold gold at at $1260 for 2014 to year end and $1216 in quarter 4, but now gold has dropped to the 1150 range currently and might hit the 900 range this year. That would show losses for the company as early as next quarter.
Average realized gold price for year end was $1269 and for Q4 was $1216 and $1358 for year end 2013. gold is still dropping and expected to fall below $1,000