SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : FREEWEST RESOURCES T.FWR / M.FWR
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bruce Robbins who wrote (213)8/2/2001 2:50:16 PM
From: russwinter  Read Replies (1) of 253
 
I agree that up to now the large, low cost ore body has been the big company's ideal mining model. The problem as I see it is that there aren't enough of those around to work at these prices, and therefore without renewed "big" exploration budgets few will be found. In the meantime the big boys just chew through reserves.

IMO another view that is emerging is espoused by great industry thinkers like Pierre Lassonde. He has been saying that there is a niche for smaller, low capex and low cost (cost is still critical but immense size is not) operations. It's interesting to see him involved with WRM where I anticipate this model will be attempted. There are other signs (superior stock performance) that the market wants more mid-tier producers and will reward such companies. Although Clarence Stream is unlikely to be a mega find, it might fit perfectly with this emerging thinking.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News