Thank goodness spot gold prices have risen over time given Co production costs have been rising considerably.
In September Quarterly report Production Costs were $876/oz, then in December Quarterly report production costs blew out to $928/oz and now in March Quarterly report production costs once again are up significantly to $980/oz.
Also of concern is that With new improved treatment facilities, new larger trucks etc etc etc the production of ore has not increased substantiall either.
MUN Price at posting:
9.9¢ Sentiment: Hold Disclosure: Held