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

To: E. Charters who wrote (125417)	7/25/2008 2:56:02 PM
From: hank2010	Read Replies (1) \| Respond to of 313787

" It takes engineering to win. Bobbie Smith knew that" Another mining man held in high esteem by the men who worked for him.

To: E. Charters who wrote (125417)	7/25/2008 3:07:23 PM
From: zebra4o1	Read Replies (1) \| Respond to of 313787

Yep, energy and steel costs are rising faster than gold and silver. Got to find miners that have some way around this - like Gold Reserve with their subsidized Venezuelan diesel. Or Nautilus with their sea floor mining model. Nautilus is my great white hope: high grade, low to zero strip ratio, reusable infrastructure, all transportation is by ship or barge. But best of all, if the natives change your tax rate, you can just sail your mining equipment away to another jurisdiction. Also, you're offshore, so disturbance and relocation of natives is not required.