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Gold/Mining/Energy : PolyMet Mining Corp POM.V (was Fleck Resources)
POM 4.432-16.7%3:31 PM EST
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To: James D. who wrote (651)5/13/1999 3:31:00 PM
From: Shaun M. Dykes  Read Replies (2) of 708
 
Hi. Just a comment on Dean's costs. Its not the cost of getting rock into the concentrate thats critical, as the concentrate is produced by standard flotatation methods, look in any standard flotation mill and you'll find the costs for this. The main determinant in whether this will make a mine is the capital and operating cost of recovering metals from the concentrate. Costs for producing the concentrate, mining etc will be similar to the large copper open pits around the world. The difference lies in what additional costs, over the normal methods,are incurred in recovering the variety of metals contained in the concentrate. Thats what I'm waiting to see.
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