>>What the self appointed smartest guy on the board wants you to believe is that the industry can't survive on 1,300/OZ when it clearly survived 275/OZ back in 2000
It's not the POG that is all important....it's the POG relative to the cost of production.....and cost input inflation has been quite horrendous these past 13 years. Any third grader can get on google and discern for themselves the current state of the industry....no one should take it from me alone.
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