Classic Minerals and the current gold price, page-5

The price of gold is only vaguely relevant when a cost profile does not exist. Any follower of gold will know that input prices have rapidly increased, demonstrated during the last quarterly reporting period which had many existing and decent gold producers AISC near or above the gold price.

CLZ mining a bulk sample was intriguing, but was putting the cart before the horse, was unnecessarily expensive, unnecessarily slow and just unnecessary.