Southridge Enterprises Inc (SRGE)

[I-Glow]

As I stated Goldcorp's Peñasquito mine in Mexico has a cash cost of $847/ounce.

Is that mine in South Africa - I don't think so - plus Goldcorp is a Tier 1 mining company.

Plus, the Cash Cost IS NOT the ALL In Cost - which is even more as you have to take interest etc into account.

Cash Cost may include smelting, refining, and any byproduct benefit, but it generally excludes taxes, exploration and depletion expenses, depreciation, and financing.

IG

PS where are the cash cost from SRGE - guess they forgot to include that in their financial statement.