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mjkiii

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mjkiii

Re: JustForFun7 post# 22127

Monday, 10/14/2013 3:30:51 PM

Monday, October 14, 2013 3:30:51 PM

Post# of 26631
About $625oz. I believe.

There is pressure in the industry to use a new 'total cost' number that carries all the burden from exploration, administrative, etc. I do not know what that number would be. The strictly production cost that has been used in the industry for many years would be about $575-$625. However, if we have shut down some operations that could be much higher. Q1 2011 with low production was $725. Whatever it is now, it is at least in the lower third of Junior Miners.
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