Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: E. Charters who wrote (34141)	2/3/2005 2:59:23 PM
From: zebra4o1	Read Replies (2) \| Respond to of 39344

Charters, I was interested in your comment: Open pit mining often has to be. It is all up at one scale or nothing usually. Underground can be approached in different ways and scaled according to accessible grade/capital. Seems like people on these boards are mainly focused on large scale open pit type miners which take huge amounts of capital to get started. But maybe there also good opportunities in placer or underground miners that can start production at a small scale and self finance themselves? But then again, these smaller companies are probably not publicly traded, so what's the point of discussing them? I'm trying to figure out a small company operating in the Klondike area: Klondike Star. They have identified three narrow shear zones which they claim were the lode source for some of the Klondike placer deposits. The zones are about 5 m wide with average grades of 6g/ton or more in some areas. My question is: what kind of cap ex is required to start mining this kind of deposit? What is the business plan for this type of mine versus a low grade bulk tonnage deposit?