John Embry last nite said...
in response to
by
posted on
Jan 10, 2008 05:17AM
Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.
Re: gut check days...Paul TPosted by: burx on January 10, 2008 12:50AM In response to: Re: gut check days...Paul T by Portee44
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John Embry stated last night that he wasn't too excited about lower
grade open pit gold because of "peak oil" ie. lots of diesel in trucks, loaders etc. and in blasting(fertilizer and diesel) .
Just another reason kxl (high grade) energy costs to production
will make it a winner in the big picture.