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Bob22701

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Bob22701

Re: bobhwang post# 18728

Tuesday, 06/21/2011 7:51:17 AM

Tuesday, June 21, 2011 7:51:17 AM

Post# of 67010
The price of gold matters.

Assuming a cost of $300.00 to process an ounce of gold -

@ $900/oz the gross profit would be $600.00/oz

@ $1500/oz the gross profit would be $1200.00/oz

@ $2000/oz the gross profit would be $1700.00/oz

With "The Days of the Mill" approaching, the price of gold ultimately needs to be reflected in the PPS of CGFIA!

GLTA
Bob

Two wrongs don't make a right. But, three lefts do!

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