Post by
brianjames on Apr 11, 2024 6:02pm
V.Lake
Just doing some math.....
With Gold approaching $2400 an ounce,
what are the costs to mine an ounce of gold at Valentine Lake approx. Has the number changed or are we still thinking around $1300 an ounce?
On 5 Million oz that a nice bit of pocket change....lol
BJ
Comment by
zack50 on Apr 11, 2024 9:04pm
Hey BJ... the December/22 TR & FS gives us the AISC for the VLGM as US $1046... that equates to ~ $1431 Cdn. at today's exchange rate. A nice profit indeed. Cheers!
Comment by
brianjames on Apr 12, 2024 1:25am
Overnight trading.... Gold at $2402 as I shut my eyes woohoo BJ