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Gold mining industry mostly ‘under water’ – Gold Fields CEO
SRSrocco Report ^
| November 20, 2014
| Kevin Crowley
Posted on 11/29/2014 2:48:30 PM PST by OneLoyalAmerican
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To: NormsRevenge
One new dozer on Parkers latest dig costs $8K a week, on top of everything else.As I heard it, with his new D-10 dozer, the fuel costs have gone up to $8K per week. The new D-10 was $300,000.
21
posted on
11/29/2014 4:22:26 PM PST
by
Wingy
To: OneLoyalAmerican
22
posted on
11/29/2014 4:23:49 PM PST
by
wally_bert
(There are no winners in a game of losers. I'm Tommy Joyce, welcome to the Oriental Lounge.)
To: hattend
I dunno, the Viking seems to know what he’s about.
23
posted on
11/29/2014 4:32:02 PM PST
by
driftdiver
(I could eat it raw, but why do that when I have a fire.)
To: Arthur Wildfire! March
I agree. I am buying gold hand over fist.
24
posted on
11/29/2014 4:41:20 PM PST
by
SVTCobra03
(You can never have enough friends, horsepower or ammunition.)
To: OneLoyalAmerican
Wait, the ads on Rush’s/Sean’s show says 2000 oz gold before the end of the year.
It better get a move on.
25
posted on
11/29/2014 4:48:02 PM PST
by
hattend
(Firearms and ammunition...the only growing industries under the Obama regime.)
To: OneLoyalAmerican
Gold goes up, gold goes down.
Right now its down and the crony bankers are pleased. The crony bankers will eventually screw things up like they always do and then gold will go back up.
Nothing feels quite so good as a one ounce .999 fine gold coin in the hand.
26
posted on
11/29/2014 5:06:39 PM PST
by
43north
(BHO: 50% black, 50% white, 100% RED.)
To: OneLoyalAmerican
I can’t help but wonder when I watch the show what their margins would be I’d they ran all those huge diesels on natural gas at a price that would way below what they are paying now.
27
posted on
11/29/2014 5:34:41 PM PST
by
taildragger
(Not my Circus, Not my Monkey ( Boy does that apply to DC...))
To: SVTCobra03
seems like the stock market is a sucker’s bet right now and gold is probably pretty safe. Gold has never really been about returns. It’s was just a hedge against inflation. It does seem like there’s a potential for inflation.
28
posted on
11/29/2014 6:35:12 PM PST
by
RC one
(Militarized law enforcement is just a politically correct way of saying martial law enforcement.)
To: hattend
I was under the impression that Todd had rented/leased the equipment, though I could very well be mistaken.
I do enjoy the show, though.
To: OneLoyalAmerican
Sounds like their problem is debt more than anything.
To: Two Kids' Dad
Todd bought the new processor for 300 oz of gold, 100 down , 200 at end of season.
31
posted on
11/29/2014 6:46:43 PM PST
by
UB355
(Slower traffic keep right)
To: UB355
Lets see 20% to the lease holders, 100oz minimum, after that he owes 50% to Dave, 200oz to whats his name for the plant, plus he will owe wages to Thurber and the rest of the crew. Todd better hope that lake thaws out.
To: Arthur Wildfire! March
Are you calling Alex Trebek a liar?! ;d
33
posted on
11/29/2014 9:25:56 PM PST
by
Impy
(They pull a knife, you pull a gun. That's the CHICAGO WAY, and that's how you beat the rats!)
To: aft_lizard
“Lets see 20% to the lease holders, 100oz minimum, after that he owes 50% to Dave, 200oz to whats his name for the plant, plus he will owe wages to Thurber and the rest of the crew. “
And fuel costs.
Reminds me of one of those of old-timey stock hustlers that would sell 500% of the company’s equity.
34
posted on
11/29/2014 10:03:03 PM PST
by
catnipman
(Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
To: MeneMeneTekelUpharsin
All depends on your timeline.
The current game can’t go on forever.
The question is how long can they keep the game up....
35
posted on
11/29/2014 10:08:24 PM PST
by
Kozak
("It may be dangerous to be America's enemy, but to be America's friend is fatal" Henry Kissinger)
To: catnipman
Dave gets 50% of the bills along with 50% of the profits.
36
posted on
11/30/2014 5:53:20 AM PST
by
driftdiver
(I could eat it raw, but why do that when I have a fire.)
To: Chgogal; expat_panama
37
posted on
11/30/2014 9:02:31 AM PST
by
Chgogal
(Obama "hung the SEALs out to dry, basically exposed them like a set of dog balls..." CMH)
To: Wingy
The hearing is the first thing to go, or so I hear.. Or maybe not. ;-)
It ain’t cheap running them rigs.. And Alaska is energy rich to boot.
38
posted on
11/30/2014 10:17:39 AM PST
by
NormsRevenge
(Semper Fi - Revolution is a'brewin!!!)
To: Arthur Wildfire! March; Impy
39
posted on
12/01/2014 7:27:38 AM PST
by
stephenjohnbanker
(The only people in the world who fear Obama are American citizens.)
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