I think they stated production at around $1100 an ounce...so call it a $300 profit margin...and they would clear close to $10 mill profit....the challenge as I see it is to keep production costs below $1100....which might be tricky for a company that currently spends $250k a quarter on admin...but lets hope they can do it! Then they might be able to spend some money on exploration at Dundas...cmon guys...its been a tough 3 years...
THR Price at posting:
0.6¢ Sentiment: None Disclosure: Held
