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Gold/Mining/Energy : Winspear Resources -- Ignore unavailable to you. Want to Upgrade?


To: Confluence who wrote (20936)6/18/1999 10:01:00 PM
From: ddl  Respond to of 26850
 
Small tonnage yadda yadda yadda, where you been? Miners looking for low grade - high tonnage deposits, Hellooooo!
Low grade / high tonnage mines are dropping like flies.
There's probably 20MM tons going to proved up this year and the drills are still running north on the north shore and they are not even part of this equation.
3,000t per day = 1MM tons per year = 20 year mine life minimum at .65 eqiv. oz/au/ton, Barrick would gobble this one up in 2 secs.
Go bullchit on someone else's parade.