Re: Silly comments about capex abound
in response to
by
posted on
Nov 14, 2011 03:30PM
CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)
MG has a valid point.
I work in the construction industry.
Saskatchewan is overheated. (lots of travel cards from ON, MB & Altlantic)
Alberta is heating up and next year will return to manpower shortages worse than the peak 3 to 4 yaers ago. (I have that from one of my reliable sources that works at Canada's largest construction firm in AB) Some companies imported workers from USA & Asia
BC has a shortage of skilled tradepersons, average age heading to 60.
The area in question is remote and will be camp style. To entice workers in remote locales, the offer must include great work hours (presently bidding in AB, SK at 21/7 shift (21 days on (10hr/day), 7 days off) and fly in/out capabilities.
It is hard to deduce from the BFS numbers what % is major equipment or labour since they only give lump sums. One needs to see if Metso Ball/SAG mill margins are increasing or staying the same. (Based on worldwide demand)
Skibum2