Well not going to pick out a specific stock wild bill but one of the key things to look out for is low cost production.
Probably Chalice had a long list before it made its current moves!
http://beforeitsnews.com/gold-and-precious-metals/2013/12/recent-moves-in-gold-and-silver-temporary-strength-or-the-end-of-correction-28-2569134.html
According to a recent Forbes Magazine article both Barrick Gold and Goldcorp, the largest mining companies, project that their all-in cash costs will be between $1,000 and $1,100 an ounce for 2013.
In 2012, mining companies reported all-in costs such as: GG $1,082, Barrick Gold, 1,227, Yamana Gold $1,247, IAG $1377, and Agnico-Eagle, $1,343.
According to the Forbes article, a survey of 60 gold mining companies, apparently less efficient than the giants, resulted in an average production cost of $1,391. That is uncomfortably too close to where the price of gold was at the bottom this year.
- Forums
- ASX - By Stock
- CHN
- Ann: CHN ASIC Waiver
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CHN (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.36 |
Change
-0.005(0.37%) |
Mkt cap ! $571.8M |
Open | High | Low | Value | Volume |
$1.37 | $1.41 | $1.35 | $2.668M | 1.921M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 30015 | $1.36 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.36 | 12925 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 386752 | 0.145 |
6 | 299000 | 0.140 |
8 | 191611 | 0.135 |
6 | 319853 | 0.130 |
5 | 292000 | 0.125 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 40000 | 2 |
0.155 | 367180 | 1 |
0.160 | 460998 | 10 |
0.165 | 353140 | 7 |
0.170 | 248919 | 2 |
Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
CHN (ASX) Chart |