How do you think PT came up with those cost per ounce numbers? Does he count anything but the costs incurred each day relative to ounces produced? What about the cost to build the leach pads, the cost to drill last year, the cost of the toxic loans, the cost of the MC and electrowinning plants, and on and on and on......
And what if the gold production (if it is even happening) is not sustainable? Cost per ounce is pretty meaningless if they only ever produce a few hundred ounces. The cost to reclaim an abandoned, failed mine could be more than what they will ever mine.
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