I've got this one lads-
The higher the price of gold means that gold buried in the ground that will cost x amount to extract suddenly becomes a little more appealing at $1650!
Example:
POG $650-cost to extract say $650. Would you bother for $0 margin to make it part of your resource.
POG $1650- cost to extract say $650. Now for $1000 margin you may want to include it in your Resource, reports, JORC etc!!??
Hopefully that clears it up Rainman?
Cheers
Surly
Add to My Watchlist
What is My Watchlist?