Re: Dollar down below 88 cents
in response to
by
posted on
Nov 04, 2014 07:36PM
CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)
just to back this up and put things into perspective if a dump truck on average get 8mpg at $3.00 per gallon and can go an average of 35-40 miles per hour that's about $15 per hour consumption and that same driver in the mining industry is making $27 per hour plus vac benefits pension etc. so probably about $40 per hour all in to the company therefor the fuel portion would be less than 1/4 of the companies costs for transportation.