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Gold/Mining/Energy : Cross Lake Minerals CRN -- Ignore unavailable to you. Want to Upgrade?


To: VIP Condo who wrote (1017)12/30/1997 6:16:00 PM
From: Zardoz  Read Replies (1) | Respond to of 3650
 
I remeber when I went through Tech school. Silicon was the chips main substrate. I thought how much silicon could they need for a 100 million chips. Should I go out and stake beach property so I can sell to them? Problem is the substrate is thin. Max 2 mm.

So how much copper is required to make 100 kilometre^2 @ 2 mm? := 2000 m^3 {that's one day production from a small mine}

Hehehhh, CRN probably has enough just from there core drilled!



To: VIP Condo who wrote (1017)12/31/1997 8:02:00 AM
From: the Chief  Read Replies (3) | Respond to of 3650
 
Considering that the world consumption of Copper is 100's of millions of "tons" per month. The increase created by the computer industry, would be the equivalent of one barrel of oil increase in OPEC production per day. It literally will be a "pebble in the road". What we need is "infrastructure" increase in China/Asia to help us stabilize the present metals decrease.

I suppose if one really thought that the move to copper in the computer industry was going to have significant impact, one would short Gold" because of the "significant loss" of consumption as a result of the change. But, the same applies to the loss of "gold" consumption, it was literally so insignificant that it will not be felt.

Nope, what we gotta do is help the Asians get back on their feet and force them to buy toasters, motors, electrical wire, generators, and use copper fillings in their teeth, to get this thing moving again!

the Chief