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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 366.09-0.1%4:00 PM EST
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To: TobagoJack who wrote (94705)9/18/2012 12:42:29 AM
From: Maurice Winn1 Recommendation  Read Replies (1) of 217550
 
TJ, that quarry looks much more efficient than those quarries of Easter Islanders who made moais.

And with much better profits too since all the Rapanui gang could do is array the moais around the island ready for tourists to come and buy them. Unfortunately for them, Chilean slavers came instead as the tourism market was slow to develop in the sailing ship era.

<assumption on gold pricing is USD 1,500, all resulting in a fairy tale 80+% IRR, >

With returns like that, it seems quite a gold digging culture could develop in a short time.

<iow all-in we are paying 47% of what all the stuff can be replaced at.>

iow competitors could join in, pay full freight on new equipment and whatnot, leaving IRR numbers of good proportions.

Mqurice
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