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Gold/Mining/Energy : Precious and Base Metal Investing

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To: Michael Bidder who wrote (26473)	1/7/2004 7:25:32 AM
From: E. Charters	Read Replies (1) of 39344

Well, IMR has to prove 200 million tons of 50 dollar CDN rock to have a viable deposit economically -- perhaps. This depends on a feasibility which of course includes metallurgy economics.. i.e. mill recovery costs and salability of concentrate. 200 grams per ton is 5.8 ounces per ton silver. This is 46.75 CDN. Not bad for large scale open pit if the recovery is good and the scale is large (20,000 tons plus per day). It depends on scale and other factors. It is not a Potosi yet. EC<:-}

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