That was my question and I love how the economics have improved, mining in canada just got a lot cheaper compared to the US for instance also energy costs more then 50% cheaper and with the canadian dollar down labour costs are down as well when priced in gold

From where I stand any major mining company in North America looking to expand should be looking for projects in Canada

5. More of a general question but – are mining costs dropping in this environment and is it easier to get staff / equipment now than a year ago? Will it affect the IRR in calculating any proposals going forward?

Since Tyhee’s PA was published prices have changed. Tyhee used certain assumptions and a Canadian dollar at par to the US dollar. It doesn't matter which currency we use, as long as we're consistent, but below are some adjustments in the major cost/revenue items that can be considered:

Revenue (CAN$)
Price of gold: $750 in PA, currently $1,000

Expenses (CAN$)
Power (diesel): $140 per barrel, currently $60

Equipment -10 to 30%
Steel -?
Labor no change, but availability has increased.