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Gold/Mining/Energy : Fortune Minerals Limited (TSE - FT) -- Ignore unavailable to you. Want to Upgrade?

To: Dave R. Webb who wrote (570)	6/11/2001 12:43:39 AM
From: Elizabeth Andrews	Read Replies (1) \| Respond to of 612

The issue at Voisey's Bay is one of smelter location. The potential power cost at VB could be very low as the main part of the deposit does not have to be concentrated as the ore is so rich it could be mined and bulk shipped to a smelter. This would be the lowest cost nickel on the planet with significant copper and cobalt credits. It is a political issue not an economic one. NICO should be so lucky to have this. But as I said show us the cost per pound at NICO and let's go from there.