KAL 0.00% 2.9¢ kalgoorlie gold mining limited

cheapest gold stock or any stock 4 that matter, page-11

  1. 149 Posts.
    it is low grade and the cost of energy to mine, crush and process the ore can only go up especially if there is a carbon tax. i don't know what it is worth but energy shortages, carbon tax and climate change make it a good stock to trade not one to invest in.

    in fact the value of all low grade hi volume mines are highly dependent on cheap energy. Anyone who thinks that miners of low grade ore are an investment may be in for a rude shock.
 
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