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the main driver of gold is the usd going down and a hedge...

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    the main driver of gold is the usd going down and a hedge against future inflation.
    as the usd goes down then prices in usd go up. operating costs that were quoted at approx $400us will now be closer to $440. capital costs at $136mil usd will now be closer to $150mil.
    they wont be making a profit of $1000 oz, not even close.
    op costs+$20mil interest per year+royalties+community expense + local taxes + oz taxes etc.
    thats if all goes to jk's big plan. they have forecast 90koz per year and that is based on best case scenario with plant and recovery at near 100%.
    i know holders are hoping for the best but you should temper it a bit with some what if's.
 
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