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

To: jack hampton who wrote (16327)	3/21/1999 7:59:00 PM
From: marcos	Read Replies (1) \| Respond to of 26850

-g- ... ah yes, but look at the side benefits, how we get our yayas out on the threads. If the Serbs could just get online and pick themselves a stock, look what they could save in tank and shell costs. They have to bury their bodies - here we just stash them on junk threads like krt ... like this one [sorry if it stinks a bit] - #reply-5484233 1. They are grouting the holes. They were last year, i've heard that they are this year, and i think there's a report upthread a week or so ago to that effect. It does slow down the drilling somewhat. 2. I hear that the economics of underground mining change significantly in crossing under a 1.5-2.0 metre thickness ... of course, if the numbers add up you can mine a six-inch vein, it's been done, and money made off it. What would you estimate for a mining cost here - just mining, as in delivery to pithead ... assuming say 10mil tonnes of 2.5m thickness at a dip of 15 degrees, at a production rate of 1500t/d, ignoring the opencast start? .... and would you expect room and pillar to be the way to go?

To: jack hampton who wrote (16327)	3/21/1999 9:36:00 PM
From: russet	Respond to of 26850

Hiya Jack, Russett already told you they are cementing every hole they drill over the lake. RT has a lot of experience when he worked for big companies failing to do just that. He knows a mine can be screwed by stupid procedures. And yes Lorne and other doubters, we have a mine at Snap, and we will commission it before Aber and RTP does Diavik. It won't be as big at first,....but in the long run it will make a lot more money for insiders and shareholders,IMHO. russett good luck all, russett