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Gold/Mining/Energy : Precious and Base Metal Investing

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To: Condor who wrote (26000)	12/28/2003 8:35:02 AM
From: E. Charters	Read Replies (1) of 39344

Costs have not increased in mining since 1980, they have gone down. Labour has not increased significantly and neither have materials as it is a buyer's market. Most of your cost in driving the drift is labour/cycle time. If 8 feet of advance could be reduced to one shift, the cost would be dramatically lower. That is why I am thinking of going to trackless drifting for the advance, and adding the track/pipe afterwards. I will bet I reduce my costs by 1/3. EC<:-}

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