Not bitterness just facts.
-RMS 60 cents 6 months ago.
-Terrible price RMS receiving for gold due to poor hedging
-Edna May virtually no mine left and not/barely profitable
-All the producing mines at RMS are producing the same as one mine ie Sunrise Dam ( 240,000 oz approx per year)
-RMS a Very high price to produce gold, similar to Sunrise Dam which is 25 years old.
Now anyone who has worked on a 20 plus year old mine knows that they cost $$$ to operate and it seems that some of RMS mines cost more to produce gold than many others
Not bitterness just facts.-RMS 60 cents 6 months ago.-Terrible...
-
- There are more pages in this discussion • 80 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)