re: golden eagle royalty -crow/ thomas.gregg With a cash cost of circa $500 and the gold price well over $800, hedge prices and puts closer to $900 (margins of $300-400 an ounce) and people are worried about a $10 royalty. Get Real.
Research would suggest Com....whoever released the announcement as they are desperate for cash or any attention since the dot com boom ended.
I can't wait for the year (12 months) to unravel. Expect to see
The project being banked.
Great drill results.
Construction.
GOLD
or me losing my hard earned....either way as I support projects not price movements I will be along for the ride.
Good luck all....
By the way I love the banter between the fellow punters.
WTE
wedgetail mining limited
