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Re: gary schrimpf post# 178227

Sunday, 12/07/2003 1:20:16 PM

Sunday, December 07, 2003 1:20:16 PM

Post# of 704044
I am no gold buff, but do have an interest in the Jr. gold miners. I am interested to know how a low extraction cost of $75 per Oz can be considered a detriment as compared to another producer's extraction cost of let's say, $200 per Oz? Is it that the more that's produced the higher the associated costs? It seems to me that the less it costs to mine the stuff the more profit that can be made... What am I missing here?

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