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nagoya1

09/22/14 4:13 PM

#80692 RE: foxwoodsfan #80691

Hmm, let's see the average cost for an OZ of gold.

Barrick produced 7.17 million ounces of gold in 2013 at all-in sustaining costs of $915 per ounce2

Jul 29, 2014 - For Q1 2014, Yamana Gold's all-in sustaining cash costs were $820 per GEO ...




Banro- open pit has costs between $700.

If you'd like I could post more but then what is the point, according to you if the POG was $500 an ounce, all miners would still be operating.

Shaking my head, that argument is kind of weak even for you FOX.

BTW, NBRI needs to get some gold, that's reality. Shareholder confidence is not there until a few nuggets are recovered.

NBRI