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0.51% $1,391.7 gold futures

True but oil is down ... therefore production cost will be lower...

  1. xerxes_ph
    9,081 Posts.
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    09/10/08
    00:37
    Post #: 4363026
    True but oil is down ... therefore production cost will be lower ... and NCM will be producing more gold than last FY

    And ... copper may move off its lows ... a bit of a wild card really. I don't think the copper credits, one way or the other, will have a dramatic effect on NCM's production costs.

    I guess we will just have to wait and see.
    Value at posting: $12,420
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    lightbulb Created with Sketch.  Great analysis
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