Re: San City,,,,,,OPEN PIT $ 400.AN OZ, SAN $ 275, an oz
in response to
by
posted on
Aug 08, 2008 07:06AM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
...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