CJO
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0.00% 13.0¢ cerro resources nl

time to buy?, page-9

  1. JPC
    56 Posts.
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    27/10/11
    17:14
    Post #: 9201961
    Bolkin,

    Good post. Sounds promising. Can you explain the concept behind a 1:55 ratio. Is that a rule of thumb...? Thanks for you help.

    All,

    Does anyone know what profit can be considered for gold? PRU had a line in their report stating cash costs were $551 per ounce. Does that sound reasonable/high/low....trying to work out the potential of these gold plays.

    Cheers
    CJO Price at posting: 16.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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