We will be highly leveraged to any move in gold.
A $100 increase in the POG will add a $100 to our margin ($427 to $527) an increase of 20-25%.
In Gold gets to $2,000 prior to production then all our margin goes up 1.81x ($427 to $777).
So for anyone who thinks gold is going higher within the next 6months it isnt all that bad.
We will be highly leveraged to any move in gold.A $100 increase...
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