Club Mulgoa

Monday, October 31, 2011

OYM

http://minesite.com/news/olympus-pacific-remains-on-track-to-deliver-annual-production-of-200-000-ounces-of-gold-by-2014

Its market cap is AUD$46 million. 200,000 oz of gold at USD$1700 per oz generates USD$340 million per year before cost. The Vietnamese government looks worse than the Australian one with taxes after taxes after taxes imposed on the mining companies. Argentina is also becoming a robber too. These governments are thieves because the rules change AFTER you have found the minerals.

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