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Re: C C post# 10726

Wednesday, 08/12/2015 8:48:51 AM

Wednesday, August 12, 2015 8:48:51 AM

Post# of 11119
Ahh, where to begin. With reference to the first quote, note that I said US$1000, that would be about CDN$1300 now and about CDN$1220 when quoted. As it happens, NAP’s first and second quarter All In Sustaining Costs (AISC) was about US$1100 per ounce, including by product credits but NO interest (even though CDN$81 million was paid). I don’t see the price of Pd reaching US$1100 any time soon.
Where did you get the second quote? The company is Brookfield Asset Management (BAM), not Bridgestone which is a tire brand.
As far as raising capital goes, I think it will be BAM’s money alone. The AISC is just too high for anyone to be interested I think.

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