price of cohutta gold mining co

price of cohutta gold mining co

2020-09-15  VanEck pointed to fixed mining costs and any gold price increase being a “pure profit.” “An analysis of our senior/mid-tier universe shows that on average, an 11% increase in the gold price from $1,800 to $2,000 per ounce brings a potential 29% boost to free cash flow. Resources in the ground also become more valuable at higher prices.

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