Zeev's Turnips Patch-No Politics (ZEEV)

[Bullwinkle]

Hi Zeev,

Where this figure of $75/ounce extraction cost come from

I am only going by what was posted here:
http://investorshub.com/boards/read_msg.asp?message_id=1883234

I have not looked at the company in depth, but was curious about this statement:

The sad part is that because their cost of extracation is so low (claimed $75 per ounce) the exponential profitability picture for MYNG (should gold continue to rise in value)is not in the same arena as companies who have far higher production costs per ounce.

Maybe I am just misinterperting what was posted...