Post by
walnor22 on Sep 21, 2015 9:26am
Now you know why the recent selling. Financing
That was the reason for the recent selling and was leaked to the street. however selling going back over a year was to five quarters of reduced production with the last to reports were operating losses due to low gold price into the unprofitable range.
In case you didn't notice they need a minimum of $1200 gold MINIMUM for the new plant. and that won't include the all in costs .
Comment by
Goldhound3 on Sep 21, 2015 10:28am
I thought the new plant Ana Paula was suppose to be a low cost producer.. 1200 is not a low cost
Comment by
blade86ca on Sep 21, 2015 12:40pm
Goldhound3 please tell me exactly where it says Ana Paula all in cash costs is $1200 gold ???