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Gold/Mining/Energy : Precious and Base Metal Investing

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To: Elizabeth Andrews who wrote (15140)	7/31/2003 10:53:04 AM
From: jpthoma1	Read Replies (5) of 39344

Well, I must admit I agree with you Liz. Building a world class 100,000 tpd operation in Mongolia will cost much more than building it in Nevada. Such a project will be built by a large consortium and not the local «mom and dad chinese construction business». Have you ever ask for the cost of delivering and maintaining gigantic mining equipment (like 20 to 30 two hundred and fifty tonnes trucks)in the middle of Mongolia. Just call Caterpillar, Komatsu or Terex. Friedland should! JP

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