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Gold/Mining/Energy : Pacific Rim Mining V.PFG

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To: Claude Cormier who wrote (13944)	10/20/2000 5:28:23 PM
From: GraceZ	Read Replies (1) of 14627

You can afford digital, even if still very pricy. Let me give you some overview so you know what you are talking about. Virtually everything you see in print has been digitized. By in print I mean offset printing like in magazines and annual reports, etc. Right now the process is to shoot a ton of film (three to ten rolls per final shot used is not unusual at $8 roll) , process the film ($8/roll), pick what you want and then scan the film to a digital file ($50-150 per scan), correct for color ($120 per hour)and then place into a digital document to output to a photographic film separation that is then used to make an offset plate for the printer. Each step along the way involves an expense, a delivery and a different specialist. Guess how many steps can be eliminated today with digital cameras....without even counting technology that is slated to come on board next year? All but two. One where the picture is shot and then when it is placed into the document. You can ditch film, you can then forget about processing it.....you have electronic delivery to the client so take out the fedex charge. No need to color correct because the camera balances for white (of course they will screw with it anyway) and your document can go direct to plate without the separation film step. You have no idea how much cost this wrings out of the whole process. You wonder how people can afford digital, I know that the commercial photography world can't afford to stay with traditional silver-based film. Now let's examine from the amateur stance. I know you are assuming that the amateur photographer is what provides the biggest bulk of film and paper sales and you are right even though my clients will shoot more film in a single day than the average American will shoot in a lifetime. What is the price of a roll of film plus processing? I'll just pick a figure that I know is close. $15.....does that sound right? Film on sale, Walmart processing....whatever. Right now you can buy a digital camera for $500 that gives you pretty much the same quality (to the amateur) as a 3x5 print. So let's minus the cost of a standard camera...$500-$70=$430. But here's where it gets interesting, there is no film cost and no development cost. $430/15=28.66. So now today we have a ratio of 28 rolls of film are equal to the price of the camera. This same quality camera was $1600 just a year and a half ago. How much do you think it'll be next year or the year after? I say they are headed to exactly the same cost as our cheapie film camera....$70. Only no film cost, you use the media over and over. $70 yields a ratio of 4.6 rolls of processed film. Now how affordable is that camera in Asia? Silver based film and cameras will become the expensive items. You don't need to make prints when you have the Internet to post on either. There are even lots of cameras where you simply need a TV to look at your pictures. Some cameras write direct to a CD and at .80 a pop you can store hundreds of images. Better hope those other industrial uses ramp up as fast as this one is going to decline.

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