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

To: Malyshek who wrote (132208)	9/30/2008 10:58:24 AM
From: Rocket Red	1 Recommendation Respond to of 312313

sry is just another pos junior

To: Malyshek who wrote (132208)	9/30/2008 11:33:10 AM
From: E. Charters	Respond to of 312313

"Metallurgical testwork to date is of a preliminary nature and much more metallurgical testing is required in order to provide information needed to predict the metallurgical characteristics of the deposit and simulate a commercial operation. In addition, the deposit has been drill tested with wide spaced holes, and in-fill drilling is required to fully delineate the deposit and refine the size and grade of the resource. At this time, the resource remains open to the south." Oxide copper is very cheap. You can make money on even a small scale, a few thousand tons per month at 0.5%. They have about 7 lbs. Crushing and leaching costs very small bucks although sulfuric has risen price markedly lately. Right now there is a copper price squeeze. They are low grade and require a bit more scale. I don't think the company is a real mine building op. They don't really know if it will work as a lavados op yet anyway. A ways to go. Order of magnitude cheaper than sulfide floation and full grind if the met work is done. Typical geologists, they drill the paper play and forget that nothing is worth a sou unless you can put it into production cheap. Biggest mines in the world in the area. A good mine there is 2 billion tons of 0.45% copper. There are 5 billion ton mines in that area. EC<:-}