tarnoir’s details
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I think it's all about execution risk. DGC is much further along and will have 500k oz capacity v. soon. ANV has a long way to go on this. Now they are suggesting a smaller operation - and phasing the development out. The market perceives thi... |
5/23/2013 6:37:06 PM |
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continues to struggle - seemingly more so than other PM stocks. Is it b/c of the low quarterly performance? Management already explained that this was coming - it's called a "mine plan". Worries perhaps about execution? |
5/23/2013 3:41:13 PM |
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Based on what, I dare ask? Does he give an explanation? Quite a statement. |
5/23/2013 3:39:23 PM |
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KGI & AR beats KGC, but agreed, Kinross looking stellar all things considered. IF gold had stayed north of $1400, we would have been off to the races. |
5/22/2013 2:48:10 PM |
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Point(s) taken, but they operated at a loss b/c of their hedges, right? The free-floating price (if one can call it that) on average probably stayed around marginal cost of production (on averag) irrespective of forward sales contracts. |
5/22/2013 10:36:28 AM |
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GIGGIDDEE!!! |
5/22/2013 10:33:50 AM |
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All other PM stocks are up HUGE today, and here we linger - down on a big bounce in gold prices. Hmmm, doesn't feel right. |
5/22/2013 10:13:40 AM |
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There was inordinately high volume yesterday too. No, many of the PM miners are getting a lot of attention lately. I suspect a mix of short-covering (huge shorts still remain) and bullish technicals. Even Soros is betting again on gold and gold m... |
5/22/2013 10:12:05 AM |
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I noticed that too. Funny how Goldcorp is touted as the lowest cost producer, but it is clearly not when taking into consideration their cost of sustaining capital. One caveat to KGC's cost structure, is that it will go up the next couple of ... |
5/22/2013 10:04:07 AM |
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yeah, heaven to bid, couldn't have done the financing when 3 months ago when we were @ $3+. F#&(@^ng idiots! Starting to lose confidence that these guys don't know what they are doing. Management is everything in mining, and as you sa... |
5/22/2013 10:00:44 AM |
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