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the long and short of gold mining

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Forum Post
10/27/09 13:03

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the long and short of gold mining

Almost two years ago an extensive feasibility study was undergone which costed somewhere around seventy million dollars.~~

The last figure that was mentioned brought in an annual production of about three hundred thousand ounces of gold, as well as three hundred and fifty million pounds of copper. This would be over the course of a mine life of fourteen year.

Barrick offers a reasonable valuation as it is a top quality company. Its earnings could even reach such a height, growing more than expected with this high return project.

Link: Gold Mining Long And Short - Forbes.com

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