Prodigy Gold

TODAY'S DISCOVERY, TOMORROW'S FUTURE Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.
1
in response to Portee44's message

The $500.00/ounce pricing refers to what it would cost to produce an ounce of gold AFTER everything is up and running. That would be the cost of labour, power, administration, etc.

The feasibility study will determine what the cost will be to build all the infrastructure to get to the point of production, and how many months of production it will take to make up those costs. Based on that, it will determine a rate of return on capital. Based on that, it will determine if the whole thing is worthwhile.

Before that happens, we will need to issue more shares. Hopefully, our stock price will continue its upward trend, before that happens, to minimize dilution.

After the feasibility study, the money to build the infrastructure will come from credit extended to the company in the form of loans.

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M
City
Sudbury, Ontario
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12/05/2008
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Prodigy Gold
Symbol
PDG
Exchange
TSX-V
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Industry
Metals & Minerals
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