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Gold/Mining/Energy : RBV - RINGBOLT VENTURES LTD. - Company Website http://www.ri -- Ignore unavailable to you. Want to Upgrade?

To: Rocket Red who wrote (4)	2/16/2011 8:52:59 PM
From: not_prudent	Read Replies (1) \| Respond to of 8

I have a question. From information on other threads I noticed from the Superior Oil logs that the deposits seemed very deep - like 5,000 feet if I am reading them correctly. I am not a miner but it would seem to me that this is going to take a tunnel to get to - no? My question is what does it cost to dig and maintain a tunnel that will allow extraction at profitable levels? It would seem that in an era of tight money a secondary offering will be necessary to finance this, maybe several. Thanks for any light you can shed on this.