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Message: Re: San City,,,,,,OPEN PIT $ 400.AN OZ, SAN $ 275, an oz

Aug 07, 2008 05:24PM

Aug 07, 2008 05:45PM
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Aug 08, 2008 04:58AM

...E,,,No doubt open pit mining is cheaper in some third world country, but in Ontario your looking at an average of $ 4oo. an oz.Considering Sans hinge find near surface and all this gold near the shaft , and tons near by,our cost will be below $ 300. an oz once we ramp up to over 1800 tons a day.Sans share price will be re adjusted by the market once our 43-101 comes out and we show two quarters of cash flow.My estimate on Sans share price at that time will be $ 8.00 , considering the 100 s of drill core in the bag and millions of oz still waiting to be counted.Long on the Green_ Belt. Traps7

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