is now the time to flush out high cost mines ?

Hello Davo & Guys,

Today is not perhaps the best day for the gold shares but what we could start to analyse is the potential costs per oz per production output based on the mineralisation type found.

One thing for sure is that low grade and high costs mine profitability can easily be wiped out and from that, there will be a consolidation in miners.

Does out pet project at MOD constitute a relatively low cost high productivity mine compare to other up and coming miners ?

I would love to hear from the rest.

superox