Tyhee Gold Corp.

TYHEE GOLD CORP (PRESS PROFILE TAB FOR FEATURED UPDATES)

Home Videos Research Press Release Q&A Discussion

almost 11 years ago

Alan Micik quotes credible sources who say the majors' all in costs including capex are above $1500 an ounce. Won't be long before either they fail or cut back production, which reduces the supply of gold, or the price goes up. Either way, the price goes up. Nothing with any demand can ever go for long below the cost of production, equilibrium always prevails. Ike