Newcastle Gold Ltd.

Operating Gold Mines - Quebec & Peru Canadian Gold Producer with significant GOLD Reserves

over 13 years ago

Not so good on the math as some but wasn't Lamaque supposed to be break even point at around 700 tpd?

CMM is well above that at 1200 tpd. Gold at $1400/oz. + San juan 20Koz already profitable.

If CMM is MAKING MONEY ($300-400 oz?) how can they claim to be cash strapped?

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