Thats the cash costs, then you got to add in overhead, which is mostly management fees, job security and bribes etc which comes to another $500 an oz (sarcastic but close). Since GSS dont have any by products, things should be simple but it aint. And yea they have like 10 mil oz's or like 4 mil oz's at current gold prices. But then again, NG has 100 mil oz's and so does GFI.
Very true GSS should be trading a lot higher then we are now. However all the miners were taken out to the woodshed for 2 years...Its going to be a very powerful V shaped rally from the depths of Hell.