07-07-2016, 09:26 PM
(07-07-2016, 07:22 PM)BlueKelah Wrote:http://www.nextinsight.net/index.php/sto...nside-risk.(07-07-2016, 06:52 PM)Life is a game Wrote:That's a good point. Would need to get hold of some cost data from other gold miners first.(07-07-2016, 04:05 PM)BlueKelah Wrote: Gold mining is not rocket science, dun think small company like cnmc have any special method the bigger gold miners dun have.hmm another thought... then how come bigger gold miners cannot match cnmc production cost and discover gold mines like sokor? In terms of financial strength, experts and technology, the big players are advantageous over cnmc.
In the end depend in gold price. Watch the big player like soros, if he cash out, gold will start going down.
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In fact afaik no analyst has yet to do a site visit. And the website for co. Is in hongkong??
The sudden ramp up in volume extracted is also quite surprising, it's like doubled from 2014, how come took so long to ramp up and such a sudden ramp up, just when gold price is doing well lol..
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hi Blue. this article may explain the growth in production.
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