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Gold/Mining/Energy : Winspear Resources

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To: Walt who wrote (14974)	2/19/1999 11:56:00 AM
From: average joe	Read Replies (1) of 26850

How many (few million) did Ekati cost Walt? my numbers are based on: 1) 10,000,000 tonne of rock. 2) average cost of $500,000,000 to build a mine and mill and infrastructure. These are not my numbers. The $2000.00 a tonne value is what needs to be in place for such a small deposit to be economic. The more tonnage the less value per tonne obviously. There are no in between or small mom and pop operations in this business Walt, it is either full scale or a no go, people don't mine for altruistic reasons. I think WSP will have a dandy little run in the mean time, cheers. aj

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