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Core Gold DMMIF

Core Gold Inc is a gold mining company based in Canada with all operations in Southern Ecuador. The company primarily explores for gold and silver. Some of its projects includes Zaruma Mine & Portovelo Mill, Dynasty Goldfield and Copper Duke Project.


OTCQX:DMMIF - Post by User

Post by auburn2on Dec 19, 2017 9:02pm
181 Views
Post# 27192186

Current cash costs

Current cash costs
Given the debt situation and the absence of any surplus cash, a profitable operation is imperative. I was looking at another gold name and noticed that cash costs for the various mines averaged just under $900. However AISC was reported as just under $1150. Total costs per ounce was the highest at a company average of $1160. So there's cash costs which is the lowest, then AISC, and the figure that most matters to us being total costs per ounce. Looking at CGLD's latest news releases and MD&A reports, I can't find these figures. Without knowing these figures how does one 'invest' in this company as opposed to gambling on it?
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