Welcome To the WIN!!! St. Elias Mines HUB On AGORACOM

Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE

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Message: Here is what I saw

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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