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gump90

05/14/12 7:48 PM

#8699 RE: AbrahamS #8698

This does not always follow - because costs generally go up along with the price of gold. So net profit stays the same. None of this is predictable so it can't be said if the price of gold goes up the grade that you can profitably mine goes down. It's not that simple. I don't know where all this I Hub debate is going because at this point in time I don't think the S E C has yet approved the purchase of Brooke's company. This has to happen first. Not done yet !!!!! Then for all these enormous salaries they are going to pay - they will have to find a financier who will agree to that. We need an update.