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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: jackjc who wrote (48602)	9/4/2007 8:59:36 PM
From: Claude Cormier	Read Replies (1) \| Respond to of 78421

- No comparison at all with MMG, which averages about 10% Zn. I certainly agree and never suggested there was a comparison possible other than potentially the recovery process. Will it work for zinc? Does indeed seems a little stretched. -...buying a known marginal deposit and waiting for the POG to make it economic. In fact if it was only that, Randy would have never taken the deal. In addition to starting with the highest grade and upper zone of the deposit, they are applying 5 very significant modifications to Cambior's prefeasibilty study aimed at reducing Capex and Operating costs. Keep in mind that Cambior's feasibility suggested that $700 (in 2006 dollars) was needed for the deposit to be viable. We are not far from that. We will see if the new study can come up with reduced costs. That plus higher metal prices?? We may get a nice surprise.