The Gold Company That Went Up 5x… and Became Cheaper
Three years ago, we discovered a small gold miner pulling metal out of the ground at an all-in cost of roughly $1,000 per ounce. At the time, gold was trading around $1,800, so…
Written byJames HickmanSource: Schiff Sovereign
Three years ago, we discovered a small gold miner pulling metal out of the ground at an all-in cost of roughly $1,000 per ounce. At the time, gold was trading around $1,800, so that low cost of production really mattered for the company’s profit margin. Even at $1800 gold, the company was profitable, debt-free, and […]