AZY 7.69% 1.2¢ antipa minerals limited

Pretty typical MO from gold explorers.Drill to infinity while...

  1. 887 Posts.
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    Pretty typical MO from gold explorers.
    Drill to infinity while drip feeding mediocre assay results to the punters.

    The million dollar question is, what is the grade cutoff figure for a commercially viable gold mine nowadays?

    Given the ridiculous Capex/Opex costs of running any hard rock mine, it's got to be many gm/t.

    At the end of the day, how many established gold miners, on once bonanza finds, are even profitable nowadays? I'd wager very few!

 
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