GOLD 0.51% $1,391.7 gold futures

lowest cost gold companies, page-15

  1. 2,019 Posts.
    lightbulb Created with Sketch. 60
    Kentor Gold (KGL) have gold cost of only US$38 per ounce. I'm also pretty sure that's taking into account gold at $1000 ounce. So at current prices, they might be producing gold for free. The reason is they have copper credits covering production costs, so the higher copper price goes, the more profit the gain from gold. Will be producing in September 2011 if things go well. DYOR as there are few hurdles for them, but the SP is a bargain at the current price.
 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.