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San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.

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Message: A Simple Mind

So to continue the analysis of what we can expect from San in terms of profitability. If 2 m. @ 7g represents 60.5% of 2.57m. @ 9 g., then we can view this as the cost of producing the gold. So if gold is trading at $1750, it costs San $1058 to produce an ounce of gold, leaving a profit of $691 per ounce. Therefore if they produce 20k gold this quarter, they should make a profit of 13.75 million dollars.

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