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Strategies & Market Trends : Winter in the Great White North -- Ignore unavailable to you. Want to Upgrade?

To: Dave R. Webb who wrote (5081)	9/17/2003 11:12:04 AM
From: E. Charters	Respond to of 8273

Diesels require higher ventilation, and loads and loads of maintenance compared to lokis and rail. Fire hazard is major and runaways are common. Electricals, transmission and brake maintenance must be closely monitored. Cost of equipment is not small either. Cost to sink is not less than a shaft. Cost of operation is only lower below 500 feet. A quick way to produce would be to get into a ramp and then raise a shaft and continue shaft sinking to say 2500 while mining from 500 with the ramp. It is still 1.2 million to sink a ramp to 500 feet. Not small bucks. At 300 tons per day you will need .50 ounce ore. At 500 perhaps .40 and for .30 ounce ore you will have to make 750 tons per day. You can get a float mill for about 1 million, move it and install for about 500K, and upgrade it to treat concentrate for about 1.5 million. C of A should be 500K for pond closure. Maybe you can do a dry pond and save money. I know some foremen who can run the op and sink and drive ramp. Do it in house and save millions. There are lots of development miners out of work. I know a group who does small mining who would do it for a piece of the action. EC<:-}

To: Dave R. Webb who wrote (5081)	9/19/2003 3:15:44 PM
From: marcos	Read Replies (2) \| Respond to of 8273

Hi Dave, good to see you here, long time no type at each other .... i keep an eye on your tdc.v, haven't been through your sedars for months but i should .... looks like it's got a little healthier support lately, and you've got cash in hand, that's often useful ..... so you are working toward production, in place of the exploration/buyout exit strategy? .... or, perhaps on the way to it, eh ..... depends on what the folks with the big money think, i know, but how do you see it going, given 400 to 425 as a floor for gold next year? Hmm, on re-reading that last line, i'm leading you down the path of forward looking statements ... not good ... let's put it this way - would you personally prefer to run a producer, or an explorer? ... or, in the old time way, a combination of the two?