TCG 0.00% 21.0¢ turaco gold limited

approval and producing at $400 an ounce, page-2

  1. 5,940 Posts.
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    I meant to also say, you guys seem to be suffering as much as we are with CVR. Although you're earlier stage than us, your still very cheap for what should hopefully be an insanely profitable mine. $208 million over 4.5 years from a market cap of only $30m. If this were any mine in Australia web without approval you'd expect to already be way beyond that. When are people going to wake up and realise that mining in Australia is dead for now given our costs are simply too high to be competitive. You need to look to countries like the former USSR or Africa for unexploited resources and low costs.
 
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