Replies to post #15224 on Sativa Growth International (SAGD)

[zari]

Thanks Han, I did some digging & found some numbers like yours but they were extremely rich deposits not indicative of the AVERAGE. Found this article on the subject.

Analyst Stephen Thomas of Bell Potter, an Australian brokerage, found that "the average total production cost was $1,170 an ounce, compared with an average reported cash cost of $773 an ounce."

These figures are in line with new reporting standards announced by Goldcorp (NYSE:GG) earlier in January.

link: http://www.mining.com/study-shows-actual-gold-cash-costs-are-50-more-than-what-is-reported-11266/

[doughboy2]

Is this one now moving to full on dilution?