GXY 0.00% $5.28 galaxy resources limited

Banter and General Comments, page-11427

  1. 13,693 Posts.
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    Great, we can sell it when demand improves and prices rise. SC6 doesn't go off.

    How does that compare to C&M Colin? Ever run a mining operation?

    I did work for Newcrest when they had ops running at significantly higher AISC than the gold price. It was a temporary scenario. They took the risk and pushed through instead of facing the additional costs of C&M and restart. Clever move.

    Current pricing is not sustainable.

    Tell us why you think it is sustainable. Feel free to support this with some reputable info from some other sources too btw.

    Everything is about the future now.
    Things are evolving rapidly, yet some still like to think that a Nissan Leaf for $50k is "the future". Do more research!




 
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