Posted by limitless on 22nd of Apr 2013 at 03:29 am
Dear Matt,
Thanks (to your wife!) for this information. great job.
What would also be more useful is to get the Total Reserves in
ground of each miner and then deduct the mining cost to discover
the most valuable mining companies.
Historically they seem to have outperformed over time.
This is how The famous John Doody makes his Top-10 picks.
This fundamental analysis alongwith your uncanny Technicals
could be very useful to subscribers and outperform Doody by several
more times!
I do not have numbers. Only this from Morningstar. Sorry.
"
AngloGold Ashanti is the
third-largest gold producer in the world, and operates mines on
four continents. The firm suffers from
above-average cash
costs, which is not surprising given that the company
generates the
majorityof its
gold in South Africa and Continental Africa (which tend to be
higher-cost gold mining
jurisdictions)."
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Cost of Mining for some gold stocks
Posted by matt on 21st of Apr 2013 at 09:08 pm
Here's a chart that I had my wife (The Excel Goddess) put together over the weekend, shows the costs of mining gold for various gold stocks
looking at this chart ANV
Posted by xxnileshxx on 22nd of Apr 2013 at 09:09 am
looking at this chart ANV looks the most under valued gold stock. Thanks matt for sharing this.
Cost of Mining vs Total Gold reserves.
Posted by limitless on 22nd of Apr 2013 at 03:29 am
Dear Matt,
Thanks (to your wife!) for this information. great job.
What would also be more useful is to get the Total Reserves in ground of each miner and then deduct the mining cost to discover the most valuable mining companies.
Historically they seem to have outperformed over time.
This is how The famous John Doody makes his Top-10 picks.
This fundamental analysis alongwith your uncanny Technicals could be very useful to subscribers and outperform Doody by several more times!
Which one is Ashanti? Is
Posted by cubby on 21st of Apr 2013 at 09:55 pm
Which one is Ashanti? Is it by another name? ~ Sweet chart. Thanks.
I don't have data for
Posted by matt on 21st of Apr 2013 at 10:41 pm
I don't have data for AU, if you have it please provide, thx
I do not have numbers.
Posted by cubby on 21st of Apr 2013 at 10:54 pm
I do not have numbers. Only this from Morningstar. Sorry.
" AngloGold Ashanti is the third-largest gold producer in the world, and operates mines on four continents. The firm suffers from above-average cash costs, which is not surprising given that the company generates the majorityof its gold in South Africa and Continental Africa (which tend to be higher-cost gold mining jurisdictions)."