Peruvian Gold Ltd. PVO Message Board

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Gold/Mining/Energy : Peruvian Gold Ltd. PVO

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To: E. Charters who wrote (593)	8/30/1998 7:40:00 PM
From: charred	Read Replies (1) of 892

Mr. Charters, I'm not sure if you understand what payback is. Those mines you refer to have been in production for years. They are mining 0.3% Cu because they have everything paid off and the mine is so big it can mine at a profit. <<< Well I hate to a feasibility before the reports are in>>>>. I agree however a feasibility costs millions. You can't do a feasibility on every property. <<<<<< It needs a grade of .40% copper and price of .80 US to be profitable>>>>>>> Is this your feasibility? Please explain how you come up with this. 25 to 100 k per day operation is huge. You need more than 0.40% Cu to get started. Invest 180 million and make 250 million over 14 years. Hmmmmm. What's payback?

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