siameseparrotWelcome.it's all semantics.submerging is more...

siameseparrot

Welcome.

it's all semantics.

submerging is more apt.

If you check the HY reports of most of these so called emerging gold miners you'll see substantial losses .. certainly not profits.

But the real cost of these so called emerging miners includes most are giving their gold away at prodigious rates.

If you give gold away at the rate of 100,000 oz/annum plus and produce a $5 mill loss .. in reality you're obviously producing a much bigger loss than just the $5 mill... you've also given away $100 mill plus of your resource... which if you were a low cost producer, you would have had a chance to convert half of that at least into a profit.