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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: koan who wrote (40381)	5/19/2007 4:21:53 PM
From: E. Charters	Read Replies (4) of 78428

You get the idea now why I get properties that either have head-frames on them or once did? No brainer at today's prices that they have more gold worth mining in them.. and lots left un-discovered. I have to have better reply to those brain dead morons who say it is all mined out.. they took it all. They NEVER take it all!!! NEVER. Even the Hollinger. They mined 50 million tons. But they left 30 million tons in it behind. Of 0.15 OPT. Yep. Because that was their cut-off. Their mine grade was 0.40. You don't mine 0.15 of any width if your mine grade is 0.40 OPT. And we are talking wide. 100 feet in places. You have to think outside the brain box of the average moron. It ain't that hard. Out-thinking morons is easy. Making them think is hard. I don't know what it is about a 35 dollar gold price that the 'morons' don't understand. I accept that costs have gone up. We also did not have colour television or computers for 50 years of that 35 dollar price. Or 3 boom jumbos. Amazingly a lot of the tech that can lower costs was used in the 1930's and 1950's too. Alimaks, raise boring, trackless, long hole drilling. But it was not widely implemented. Why not? Because metal prices and labour costs per ton would not let mine managers develop, experiment and advance. Budgets were fixed within tight ranges. Adding tons or researching untried methods was not possible. It is just a matter of re-implementation, re-engineering and crunching the numbers again with differing techniques. The figure I like to most often quote with regard to our present day cost advantage is that the average man day per ton mine/milled ratio in the 1950's in Canada was one. One short ton was produced per one man day of work. Today that figure is between five and ten. Metric tons per man day. EC<:-}

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