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Re: StealthSwimmer post# 44078

Monday, 01/03/2011 5:07:00 PM

Monday, January 03, 2011 5:07:00 PM

Post# of 173212
I understand SS, but here's the problem- In the current scenario of "waiting", no company is in a hurry to incure the equally currently inflated Heavy mining costs (equipment/labor) on new mines with the anticipation Gold prices will still be @market (where it is today) down the road when the gold is actually extracted from the earth..

On the day gold is finally extracted, the costs to produce that gold won't be in a favorable timeline of overhead costs vs. gold prices.. the Gold market will have to correct itself before any new "real" mines are undertaken, Gold Price has match O/H costs..


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