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Gold/Mining/Energy : Precious and Base Metal Investing
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To: TrueScouse who wrote (7374)2/4/2003 11:44:54 PM
From: Claude Cormier  Read Replies (2) of 39344
 
Howy,

For sure the process to recover the PGM and base metals is more complex. But I don't know if this provide a decent enough IRR.

It is hard to calculate strip ratio without the appropriate tools. True the deposit is not too deep, all being above 200 meters. But what could make a higher strip ratio are the sort of layers (as much as 5) one above the other that makes up this deposit. The ore is not continuous down hole.

Maybe this is just fine. I can't be sure
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