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Re: Bobwill59 post# 12805

Saturday, 05/21/2011 8:57:20 PM

Saturday, May 21, 2011 8:57:20 PM

Post# of 73702
I'm not trying to drive the price down. I am asking serious questions that everyone seems to want to ignore. Why won't anyone address the cost of production for those gold
Bars. They are not making $1150 per ounce. Production cost in 2010 was $580/ounce.

http://www.im-mining.com/2010/11/30/average-gold-mine-cash-costs-rise-4-to-585oz-in-q3-2010/

Why would I care about driving the price down. If I truly believe this is going anywhere near what you thing .01 would be extremely cheap. We will find out soon enough who
Is right. Hopefully, it isn't me.