My comment was in response to jim's statement that he believes production costs MAY be higher than people are expecting. I do not expect costs to be extremely high though, because we have artisan pits already being mined with no overburden, and other areas with very little overburden. Other than dredging and removing overburden, the only real cost is separation of the free gold. DM is the real expert on this though, so refer to his old posts.
Imo, the real key to success here will be keeping the locals happy and from what I have gathered through SNEY prs and posts on the board, management is working closely with the tribal leaders and employing locals wherever possible.
Regarding MMs, today I saw NITE at .0056, LAFC at .0065 and ETMM at .007 all day. Have not seen etmm below .007 in several sessions. Etmm seem to be the support as they have been the highest on the bid for a week or so.
As long as we're on technicals, it would be nice to see a reversal in the Parabolic SAR. Could happen in the next couple days imo.
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