eebler - "...It is trading on $20/oz for just the indicated in higher grade "lens" material.  That is ridiculously low.  Even low-ball transactions are happening north of $125/oz and with the switch to a mentality of processing higher-grade in the early years, the payback should be alot faster.  Lots of mines making good money at grades lower than Kiaka would produce...just a matter of getting there..."

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But at the moment, the bears are winning the battle...... closed at $.46....... by continuing selling into the bids..... when there were not enough buyers to buy the asks?!

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GLTA