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Gold/Mining/Energy : Precious and Base Metal Investing

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To: hank2010 who wrote (27696)2/5/2004 1:23:05 PM
From: E. Charters  Read Replies (2) of 39344
 
Well I am really sorry to hear that they are clogging up with surplus nickel. It used to be a fine low grade property of limited extent. Now they are cursed by fault offset continuations, at both ends no less, and increased nickel impurity in the rock. When the circuits get stuffed with excess nickel it could turn out to be a terrible mess. It might be possible to handle 5 or even 8 % nickel in the matrix, but at 12 percent there would be total breakdown.

My prediction is that it won't be too long before they to throw in the towel and try to find something with less nickel in it. It's not the end of the world. Lots of people have lower grades and even narrower intersections. Maybe they could make a deal somewhere.

EC<:-}
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