PRX 0.00% 0.2¢ prodigy gold nl

resources boom has just begun for goldminers

  1. 175 Posts.
    incase you missed it

    http://www.smh.com.au/business/under-the-radar/resources-boom-has-just-begun-for-goldminers-20120824-24q4r.html

    i like the part at the bottom of the page, under the heading- what to look for

    There are many different criteria, but low cost of production is a key one. For Australian gold companies the average cost of production is about $800 an ounce, and anything above this Whitten says he would “avoid like the plague”. He invests in companies in the $400 to $500 an ounce realm.

    Old pirate should be ringing bells at under the radar

 
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