http://www.seabridgegold.net/NMar10_08.htm
Economic Assessment complete resulting in 11.6 year mine life with a half MILLION ounces/year production @ $590/ounce cost ($435/ounce cost + $848 million start up costs)
Roughly half Billion Dollars for every $100 POG increase over $590/ounce. So @ $990 POG $2 Billion Value.
Note: This does include Inferred Ounces that are still in the process of being proven.
Good Morning! The Amoxacillin finally kicking in...sinusitis on the run!
ReplyDeleteJoe, did you check out DROOY's cost per oz? The only 'problem' with it is the Rand/$ exchange rate. I like the Canadian's however...
Yowser! AUY dropping like a rock so far this AM. With gold being as strong as it has and this being the time of year for a correction, $14 - $16.50 might not be out of the question.