There's no substitute for Gold-stocks, but more Gold-stocks!
It's quite difficult to find a $200 /ounce low cost Gold Producer,
trading under dollars..
Eurasia Gold Corp. is a tier 1 company and trades under the
symbol "EGX" on the Canadian Venture Exchange and under the
symbol "EAGCF" on Nasdaq.
EURASIA GOLD CORP. = EGX:TSX-V @ The Canadian Stock Exchange
www.tse.com/...dPrices&Language=en&QuoteSymbol_1=egx&x=19&y=12
EURASIA GOLD CORP. = EAGCF:OTC:BB @ Nasdaq
quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=eagcf
www.eurasiagold.com
Highlights from Q3, 2003 earning report ( in US dollars )
- amount of Gold produced was 8,596 ounces.
- amount of Gold sold was 7,443 ounces.
- average production cost for the 9 months was $246.00/oz (incl. cost for expansion of heap leach pads etc.)
- deduct the expansion cost of the heap leach pads to expand
the EGX Gold production and You will find a production cost of
about $200.00 per ounce.
- Gold was sold at an average price of $362.89/oz.
- revenue was $2,701,000.
- net profit was $169,000 (only from 3rd Q3, 2003 earning report)
- plus the Gold 1153 ounce produced - and to be sold at a higher price.
Other than Eurasia Gold Corp, I don't think there is one,
and EGX / EAGCF is extremely undervalued and it's a bargain
opportunity to get in now,
Remember, there's no substitute for Gold-stocks, but more Gold-stocks, imo.
Best regards, MfG
It's quite difficult to find a $200 /ounce low cost Gold Producer,
trading under dollars..
Eurasia Gold Corp. is a tier 1 company and trades under the
symbol "EGX" on the Canadian Venture Exchange and under the
symbol "EAGCF" on Nasdaq.
EURASIA GOLD CORP. = EGX:TSX-V @ The Canadian Stock Exchange
www.tse.com/...dPrices&Language=en&QuoteSymbol_1=egx&x=19&y=12
EURASIA GOLD CORP. = EAGCF:OTC:BB @ Nasdaq
quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=eagcf
www.eurasiagold.com
Highlights from Q3, 2003 earning report ( in US dollars )
- amount of Gold produced was 8,596 ounces.
- amount of Gold sold was 7,443 ounces.
- average production cost for the 9 months was $246.00/oz (incl. cost for expansion of heap leach pads etc.)
- deduct the expansion cost of the heap leach pads to expand
the EGX Gold production and You will find a production cost of
about $200.00 per ounce.
- Gold was sold at an average price of $362.89/oz.
- revenue was $2,701,000.
- net profit was $169,000 (only from 3rd Q3, 2003 earning report)
- plus the Gold 1153 ounce produced - and to be sold at a higher price.
Other than Eurasia Gold Corp, I don't think there is one,
and EGX / EAGCF is extremely undervalued and it's a bargain
opportunity to get in now,
Remember, there's no substitute for Gold-stocks, but more Gold-stocks, imo.
Best regards, MfG
