RED 0.00% 34.5¢ red 5 limited

last kiss goodbye to the eighties?, page-8

  1. 153 Posts.
    Good point Holdonman,

    Actually if we were to use a cost of production of $700 per ounce a rise from $1650 per ounce to $1800 per ounce would be a gain of almost 16% to our profit margin.

    That is provided they can get their sh!t together at the mine first. As many have so succinctly put it, they just need to dig a whole. So provided our new man continues his past performance at other mines we should have things moving again soon, and Siana bringing in a deluge of cash.
 
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