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Re: 10 Year Grind

over 12 years ago

in response to Lunch Meat's message

Another thing, if they can manage to get costs down around $600 and gold goes $2200 plus forever, the EPS goes skyward. Using the above example, production of 100k ounces yields about 50 cents a share. An eps of 20 is 10 bucks so the fund lackies will have no problem explaining this to the herd.