it really does show how challenging it is to economically mine gold in WA.
most of the good grades are gone and costs just keep going up.
if integra can barely break even on current high gold prices, then how are other juniors in the same space going to go? i think projected cash costs by a lot of these near term producers will be shown to be unrealistic.
i question the value in a lot of these gold stocks at the moment. they will do well if gold continues on the up but with many at around 1k/oz cash cost, the business is marginal at best
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