Due to the Carbon Tax a extra $1 has been added to producing a gram of gold for the big miners

Thats right roughly $31 dollars has been added to the price of producing a ounce of gold whether the price of gold is $900 a ounce or $2000 a ounce.

That is a big reason big miners are closing down getting out or selling in this country. Imagine the add on tax if you are producing roughly 10,000k ounces a month. ie that is a extra 315k a month in government fees needed to be found.

and here I am trying to buy a gold mine operation..

maybe I will rethink however the Libs will get rid of the tax.

regards
oneday