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Gold/Mining/Energy : Winspear Resources

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To: Andrew who wrote (23158)7/18/1999 12:12:00 AM
From: Rick the Vet   of 26850
 
If we can mine 670,000 tonnes at $87 per tonne then I am sure we can build a larger scale operation and make it work for that price. Underground may be more expensive but economies of scale and averaging costs over more tonnes will more than help defer the cost. If it were any more expensive then many of the underground mines up there would never have been put into operation.

New target is $8. I won't sell for less than $7. Good luck everyone.
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