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Re: gut check days...Paul T

Posted by: burx on January 10, 2008 12:50AM

In response to: Re: gut check days...Paul T by Portee44

I'm curious why the production cost is going up, is it because of oil? If so can somone tell me if ALL the mining

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.

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