Replies to post #2003 on Mexus Gold US (MXSG)

[Belgie24]

KC, are you really saying you expect the price of gold to remain at $1151 for the next 3 years? If it does a whole lot of gold companies will be going bankrupt.

And are not our production costs at Rancho supposed to be lower than normal, due to the high grades and near surface veins?

Argonaut will be guided, IMO, by a profit motive. If this mine can produce at a lower cost than their other mines, it will be put into production, and will be extremely profitable if gold has any kind of rebound.

[bobbyinredwood]

1150 cost to produce? where did you get that from? I thought we were in the 4-600 dollar range at Rancho?