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

To: John Paquet who wrote (14968)	2/19/1999 10:35:00 AM
From: average joe	Read Replies (2) \| Respond to of 26850

A mine and mill complex costs a minimum of $500,000,000 ($500 mil) to build, that mine to be economic must contain a minimum of $2,500,000,000 worth of rock ($2.5 billion) these costs do not change and are not variable by much except latitude. To mine a dyke the cost is increased ten fold, they would need to raise $5,000,000,000 ($5 billion). To justify this development they would need $20,000,000,000 worth of product in the 10,000,000 tonne of reported kimberlite. Each tonne of kimberlite must be worth $2000.00 to justify such a development. I must again concur with the mining expert, Mr. Sudhir Khanna, who is not a geologist or a prospector nor has he discovered any major ore bodies but has told the following truth: www3.techstocks.com average joe