MARUM RESOURCES ON ALBERTA Message Board

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Gold/Mining/Energy : MARUM RESOURCES ON ALBERTA

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To: bill who wrote (989)	11/13/1998 9:41:00 AM
From: Jesse	of 2514

>>If profits outweight costs...<< You're right of course, it's just that much higher cutoff levels (minimum value per tonne & cpht) must be met for profitability if you first have to spend up to a $billion or two to get at it to then mine it! One correction pointed out: the posted piece reads, This is why we consider overburden in excess of ten metres to be excessive. Over 10 metres the Alberta disadvantage disappears and you are dealing with NWT or higher costs. - obviously that should have read, "The advantage disappears..." Have a great day! -j :>

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