best gold stock for 2014, page-19

Shouldnt take long for EVN to pay off their debt, providing current Gold price stays where it is or especially if Gold starts to go up? even sooner.

SAY Total all in costs = $1250 x 400,000 Ounces annual production = 500 Million DOLLARS

400,000 Ounces at @ $100 current profit per Ounce = $40 Million Dollars,

So say pay off $30 Million from debt leaves approx. $110 Million.

NGF Shredded their debt of $180 million in a short time, a couple of years, before shafting shareholders in selling to the chinese.