RMX 0.00% 0.1¢ red mountain mining limited

gold price sensitivity, page-7

  1. 4,308 Posts.
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    I'd be keen to hear from Brudgster on this point. If indeed the Philippines is a place to produce gold at low cost, just the economics relating to the current indicated/inferred resource of 408,000 oz(let alone any upgrades)provide serious profit margins given current gold price.
    The crucial questions relate to timeframe to production and funding - is anyone in the know regarding these??
 
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