GOLD 0.51% $1,391.7 gold futures

Is that cash cost or all in sustaining cost because if thats...

  1. 679 Posts.
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    Is that cash cost or all in sustaining cost because if thats aisc then they ve struck gold. Newcrest have got a mine with a similar aisc however they have several others with greater ais costs. The average aisc is then calculated to determine the actual aisc for the entire company. Check it out... it seems quite attractive. Then check out the jorc to determine the mine life. Compare how much they can produce in a quarter then see how many of those quarters they can have before the gold is depleted. If the answer is years then you may have enough time to cash in during a bull run that may happen any time from july to 30 years from now. If not... you may get lucky with earnings and make some money by cashing in when the company's fundamentals stand out and then attract technical buyers. It really depends on what you are comfortable with.
 
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