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Strategies & Market Trends : Winter in the Great White North

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To: Breccia who wrote (7567)1/11/2010 12:37:18 AM
From: teevee   of 8273
 
....trx has been cut to drift...IMO no matter how much contained metal, grade is too low..GRADE is ALWAYS KING.

The grade is not too low, provided the capital is recovered. What I believed was always missing from this deposit, and others like "Prosperity", is there is no sweet spot, or zone of high(er) grade that will provide a quick return of capital. Once capital is repayed, cutoff grades can be .2% copper, or even .15%.
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