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Message: Re: Here is what I saw ( 1% sulphides )
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Oct 20, 2011 02:35PM
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Oct 20, 2011 02:46PM
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I quickly reviewed the compliant study for Exeter at 0.46 g/T in order to justify a mine. We all know the resource size is huge > 30 MM oz available but as you can see this company has had a hard time finding a " suitor " for a mining project ?

I understand that 0.60 g/T is the breakeven point at $ 1400 / oz

Economics will drive this project ... best to see 1.0 g/T and higher

Cal2000

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Oct 20, 2011 04:40PM
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