CGU 0.00% 2.9¢ commissioners gold limited

Ann: Third Peru Gold Asset Acquired , page-2

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  1. 1,571 Posts.
    lightbulb Created with Sketch. 47
    Drop in Gold price could be a plus as supply constraints
    may eventuate as high cost/low grade miners come under increasing financial pressure. This could result in either production being suspended or ceasing in the interim.

    Worth noting that Canadian listed Peru ore processor Dynacor is still at around $1.20 despite gold decline..with management noting."the Co's ore processing
    unit alleviates the risks associated with gold MINING
    including the the instability of the price of gold"

    Seems like a pretty good template.
 
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