zinvester,
unfortunately when they mined gold on BLK's tenements at $400 oz,your dollar bought a bit more,wages were cheaper as well as all inputs,so I CAN SEE IT COSTING A DARN SIGHT MORE THAN $400 an ounce NOW.Try 2 to 3 times an ounce ongoing now if not more like 4.
Who cares as long as AXM makes some cash out of it.
DYOR+DYODD