With the gold price falling over the past 18 months or so we have seen many gold miners come out claiming that they want to emphasize cash flow and produce quality, low cost ounces, and that they want to reduce costs by no longer mining less economical gold. In my mind and in my writings I have loosely decided whether a company is simply paying lip service to this new philosophy of "quality vs. quantity," or whether it is taking meaningful steps towards achieving this.
If there is one company that, over the past year or so, has transformed its business to reflect this new-found fiscal conservatism more so than any other company it may very well be Alacer Gold...
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