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[Smittle]

What $1,300 Gold Means to Mining CEOs

By Alix Steel 09/22/10 - 12:00 PM EDT

At the Denver Gold Forum, the mood is bubbly and optimistic. The CEOs of the leading gold and silver companies expect prices to move higher. Long-term targets are ranging anywhere from $1,500 to $5,000 for gold and $30 for silver.

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Cash costs range anywhere from $300 to $850 per ounce of gold, leaving lots of room for big profit margins as gold heads to $1,300 an ounce. I asked each CEO what $1,300 gold prices meant for his company.

http://www.thestreet.com/_yahoo/story/10867988/1/what-1300-gold-means-to-mining-ceos.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA