yes there's always a twist in the tale isn't there. Cost per...

  1. 10,404 Posts.
    yes there's always a twist in the tale isn't there. Cost per oz/lb/k/t will be a real teller. A great percentage of potential explorers/miners are sitting on great reserves but won't be a commercial proposition for many years.

    Take gold as an example. The grade/t and the set mining costs are an important part of mining profitability. Ultimately there will be many companies that just won't make the grade as they aren't profitable enough to investors.

    The enterprise must make sense. It must be highly profitable with proven excellent reserves. If not find a company that is.

    There are some companies out there that are becoming increasingly attractive.



 
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