The leaching option is being examined - it will cost half the price of other options - around $500 an ounce, but doesn't extract quite as high a percentage of the gold. We could be looking at $1,000 an ounce profit. If we end up with two million ounces as had been suggested, it could be quite a profitable mine. No doubt we'll hear more on that in the future.
I've been waiting months to move back in and it may just be the time to think about it. I'll watch for a while and see how this pans out. It'd be a pity to miss the boat having waited this long.
I'm surprised that the Chinese haven't moved in. There's a gold buying frenzy in Europe and China and they are going to need more sources of gold.
The leaching option is being examined - it will cost half the...
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