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Gold/Mining/Energy : Trump's 12 Diamond Picks, Discussions Limited -- Ignore unavailable to you. Want to Upgrade?

To: donkeyman who wrote (1475)	10/26/1998 2:42:00 PM
From: bill	Respond to of 2251

You can mail the diamonds outin a package. A lotof diamonds are transportd thatway. That's not the cost. The cost will be in the importing of equipment and personnel, the housing and feeding of personnel,transportation during the exploration period.If a pipe is found and a mine created the costs will continue to be large because there are no local supplies of any hard or soft materials. If the pipe were rich enough, then it would still be economic. However, what will be interesting will be seeing what the cut off per ton is before a mine can be economic in this region. If a tonne of ore is worth 100 dollars and it costs 100.01 to mine it, you've got rock. There are a lot mineral deposits around that aresimply not mineable because of cost. I'm not saying that is the case for Greenland but if the cost of mining a pipe in Alberta is such that low gradewill sustain a mine, the cost of mining a pipe in NWT is such that the same grade would not sustain a mine, then the cost in Greenland would dictate that a higher grade is necessary. Is there anyone reading this thread who could give us an idea of the escalating cost and,therefore,grade necessary for a mine of equal sizeto be viable in Alberta,NWT, Greenland? We'd then know whatto look for in drill results for the three areas. I'm assuming that cost, if not politics, would dictate a processing plant in Greeland.