CMM 1.23% $6.41 capricorn metals ltd

This comment shows total lack of understanding of Reserves and...

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  1. 72 Posts.
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    This comment shows total lack of understanding of Reserves and how they are calculated. Not every ounce in the pit costs the same to get out, those close to surface are cheapest and may only cost a fraction of those that are deep. A drop in the gold price and the pit would shrink but the whole lot is not underwater. That’s why banks like Reserve tails.
 
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$6.41
Change
-0.080(1.23%)
Mkt cap ! $2.397B
Open High Low Value Volume
$6.59 $6.60 $6.35 $5.091M 793.8K

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2 2857 $6.40
 

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$6.41 1389 1
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