| Production | 2010 | 2011E | 2012E |
|---|---|---|---|
| Gold (oz.) | 135,613 | 130-140,000 | 125-140,000 |
| Cash cost (per oz.) | $327 | ||
| By-product cash cost (per oz. | $(2,073) | ||
| Copper (million lb.) | 149 | 145 - 160 | 140 - 160 |
| Cash cost (per lb. of copper) | $1.17 |
Mineral Reserves and Mineral Resources
Gold 3.1 million oz. proven &probable + 2.5 million oz. measured & indicatedCopper 2.1 billion lb. proven & probable + 1.4 billion lb. measured & indicated
Source
This is a solid company that is pumping out millions of oz of silver and will be for years. With these massive moves in the metal market, these stock will preform quite strongly as there stability forces investors to have to take into consideration the full implications of Silver $40 being with us for some period of time.
I picked up May 21st - Strike 13's a couple of weeks ago. The orange lines indicate strike (horizontal) and expiration date (vertical). The cyan lines above it are projections for future areas of resistance. If we are in a wave 3 as the scenario above, a fast move to one of these levels could be materializing.
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