asx gold index falls, page-11

Denpal

DOM is a proven low cost producer with total all up costs below $600/oz.
the average miners as a comparison have total all up costs of $800/oz ... so DOM has a $200/oz advantage.

The only reservation I have is it has a smallish resource.

MCO by the way should be lower cost again .. $150/oz cheaper than DOM once in full production... total all up costs should be around $450/oz - according to our resident mine engineer posting under robertkna on the mco forum.

Granted MCO is not a proven producer , but ..
MCO has already got a bigger resource believe it or not - the maiden JORC resource of 912,000 oz resource is grainy or nuggety gold - so most of it doesnt end up in the drill core, the drilling misses most of the nuggets - so the interim maiden JORC resource equates to at least 2 mill oz.
The resource looks like growing further - there's another 5 historic mines to explore - and the resource thus far only came from the morningstar mine.
you can safely multiply that resource by at least 2x .. (you can read about "grade factoring" in MCO's resource announcement).

MCO will be a standout .. but DYOR.