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Re: DigiTech post# 48374

Friday, 07/14/2006 3:49:02 AM

Friday, July 14, 2006 3:49:02 AM

Post# of 173737
GLE - Gold prices have up about $90.00 per ounce in the last 1-2 weeks.

Numbers taken for the Q1 press release as follows:

Average realized prices for gold sales were $555 per ounce and cash operating costs per ounce of gold sold were $352

Today, the price of Gold (right now is $661.10).

So, $661.10 - $352 (costs per ounce) = $309.10 net profit per ounce.

The numbers are constantly changing.

http://www.glencairngold.com/s/NewsReleases.asp?ReportID=137331&_Type=News-Releases&_Title=G...

http://www.kitco.com/



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