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Pastimes : CNBC -- critique.
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To: long-gone who wrote (1290)8/7/1998 2:07:00 AM
From: Toby Zidle  Read Replies (1) of 17683
 
I don't know about the economics of gold mining in Canada; however, in the U.S., the escalating premiums for megamillion dollar environmental liability insurance policies are a cost that many companies did not reckon with when they originally ran their economics. Only the largest companies can afford to self-insure and they do so at significant risk to themselves.

The new 'price to mine' reality remains a significant stumbling block in comparing historical data.
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