Baires reported:
|
Item
|
Direct Cost
|
Loaded Cost
|
|
Cost/Resource ounce
|
$9.43
|
$18.87
|
|
Cost/reserve ounce
|
$25.64
|
$51.28
|
Dave said these figures are fantastic and he hoped that Tyhee keeps finding gold like this.
******************************************************************
My comments:
This represents the cost of finding gold ounces, and admittedly only that. But considering POG is $1546, loaded cost per resource oz = 1.2%, and per reserve oz = 3.3%.
My perspective is that anyone objecting to this as being excessive most certainly has his (or is it her?) undies bunched.
Strike
