PAN 0.00% 15.5¢ panoramic resources limited

News: PAN Panoramic Resources announces Gum Creek Gold initial public offering, page-8

  1. 887 Posts.
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    I think we need more clarification,i dont want to talk down my own interests-But i am not afraid to ask the hard questions.Gold miners make me nervous,i have only owned two in my lifetime---Bendigo mining and Croesus mining,i got out by the skin of my teeth on both and consider myself lucky.It all comes down to one thing---cost of production---EG- Newcrest cost is roughly $ 500 usd per oz-so the production cost is the first priority,a lot depends on the depth of the ore body. I found management approachable and determined so i will contact them for clarification after another week or so,to try and get a handle on it,unless we know more by then--but the shareprice is going in the right direction at least that is something--the main points i will ask are---Priority share offer--( compared to Harry hopeful) and estimate of cost of gold production. --cheers
    Last edited by very wary: 12/07/16
 
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