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Gold/Mining/Energy : Winspear Resources -- Ignore unavailable to you. Want to Upgrade?


To: average joe who wrote (7702)8/11/1998 9:11:00 PM
From: E. Charters  Respond to of 26850
 
Average grade of a Cobalt Ontario silver mine was 500 ounces to the ton.

I was going to work one myself in Trethewey that ran 800 ounces. (now a park)

In BC/Idaho it was anywhere from 30 to 200 ounces.

Open pit I have heard at 3 ounces.

I would say you might be able to operate quite cheaply and make profits at 15 to 25 ounces per ton. It depends on lot of factors. Continuity, development, ground, milling cost, other costs.. 30 is the small mine minimum in my opinion.

Trouble with Russia is not the crooks here and there but what you do about them in a strange land with little control of the run of them. If you run into trouble there it could be curtainski.

Russian/Ukrainski are extremely vindictive murderous people when they get going. The Greeks of old despised them and looked down on them as that is how they got their name.. Slav.. it is Greek for slave. But
I would not put them that far down, I would watch out if one were after me.. I have one on my tail now and he bears watching..

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