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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: teevee who wrote (119500)	6/20/2008 1:45:09 PM
From: E. Charters	Respond to of 313059

Just try to find a good long hole driller in Canada these days. Good luck. 60 bucks an hour including bonus if you do. I know a few but I am keeping them to myself. Like diamond drillers they are as scarce as hen's teeth. You could probably mine the rock. There as an 80,000 tpd mine in Butte that ran 0.5% copper. Also the Monte Verde in Chile is less than one per cent copper and less than 1 gram gold. 50k tpd I think. EC<:-}

To: teevee who wrote (119500)	6/20/2008 1:58:43 PM
From: hank2010	Respond to of 313059

TeeVee: Compare to Revett Minerals in Montana. About 3500 tpd 0.5% Cu , 1 oz/ton Ag. Room and pillar mining and making money at these prices. Costs from Western engineering - Info Mine Method Tonnes/day Capex Tot. Op. Cost VCR 4000 $83,271,700 $30.41 Sub-level LH 4000 $41 million $15.09 8000 $64 million $14.47 Sub-level Cave 4000 $45 million $18.99 8000 $73 million $15.18 14,000 $122 million $13.61 Block Caving 20,000 $69 million $6.40 30,000 $103 million $5.75 I don't know how to format the flippin chart!