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B402

06/18/12 11:33 PM

#9556 RE: AbrahamS #9555

Price Of Gold,,Makes No Difference Lolzzzzzzzzzz


By Michelle Smith — Exclusive to Gold Investing News

While gold miners have been seeing record revenues as a result of high gold prices, they are also seeing the costs of looking for the metal, pulling it out of the ground, and bringing it to market increase each year. During this time, gold miners’ stock prices have failed to keep pace with gold prices and many have wondered why. Could rising costs be a discouraging factor for investors? If so, should they be?..........

.......Just as high prices have allowed miners to pursue more low-grade projects than they otherwise would, some miners have been able to continue mining despite falling grades. Still, this situation means that companies in either case have to process increasing amounts of ore to boost or even sustain their production levels, which pushes up costs.

Good article on the subject (Labor in there BTW)
http://goldinvestingnews.com/24829/should-investors-discouraged-cost- style='background-color:yellow;'>inflation-gold-price-stocks-mining.html

Which is all academic
Considering this whole scheme
Using grab samples
Ignoring ekom Eya's historicals
No geos...
Insider holdings...Reg S..Unrestricteds
Huge Salaries
Katx's Past History

Made the Hall Fame
http://www.pumpsanddumps.com/p/pumpsanddumpscom-hall-of-fame.html
Thanks Kadin


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AbrahamS

06/18/12 11:33 PM

#9557 RE: AbrahamS #9555

So when they quit mining the Bibiani the price of gold was

"1941 33.85" a ounce

We also know the cut off grade then is a grade today that would make any gold miner today jump for joy!

Welcome to 2012

Not 1941 http://www.nobleminres.com.au/live/wp-content/uploads/2012/01/SEMS-BIBIANI-Mineral-Resource-Estimate_FINAL_100301.pdf