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

To: GC who wrote (149450)	3/2/2009 9:32:28 AM
From: tyc:>	Respond to of 312259

>>$125-$200 per meter FWIW During my visit to the PDAC a reprentative miner from a mining camp indicated that drilling contracts that in the recent past had a unit cost of $70 now had a unit cost of $50. I can't remember the unit, but presume it was per metre. Anyway that was volunteered as an example of how mining costs in Canada have declined recently. Hey maybe the unit was per foot ! That would be in line with your estimate !