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Strategies & Market Trends : the times they are a-changin'
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To: tyc:> who wrote (63)2/16/2002 3:15:57 PM
From: teevee  Read Replies (1) of 145
 
tyke,
prosperity would need at the very minimum, a large "sweet spot" that would be worth no less than US$20.00/tonne before the deposit would ever be considered for production. This is required to return capital costs over and above cash costs. The only other alternative is to have someone finance development and then go bankrupt like what happened at Kemess where Northgate got in cheap as an affiliate was a secured creditor:-))
cheers,
teevee
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