ss, 10's of millions spent to produce 50 ounces? you're having a laugh. its called building an infrastructure, and that is never cheap.
mining is nigh on impossible to get everything right the first time, especially of this nature. if every new producer quit because they had a difficult maiden year there would be very few gold coys around.
-- "I'm afraid you have little hope in the speculation world of investing."
by your own admission you never invest, you just short stocks, so that statement is not qualified.
MCO Price at posting:
11.0¢ Sentiment: Hold Disclosure: Held