"Mr Holland said rising energy, labour and production costs would virtually double costs in the next five years, and a gold price of close to $US2000 per ounce would be needed to keep pace."
My comments:
This wouldn't be an issue as gold would be well above US$2000 right now imo, except for the increasingly blatant downward paper manipulation and paper rigging of the gold price.
It's about time some gold producers bypassed the bankster selling system for their gold, refused to accept the bankster paper price for their gold and called for monthly bids from interested purchasers.
IGR Price at posting:
31.5¢ Sentiment: Hold Disclosure: Held