Re: Dollar down below 88 cents
in response to
by
posted on
Nov 04, 2014 08:22PM
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%)
reread the post it states the driver is costing the company around $40 per hour alone add the fuel and purchase of the truck, insurance, maintenance, annual safety inspections, ect the cost is more like $85-90 per hour cost to the company this is why i don't think a 25% reduction in fuel costs is going to be a $.10 per pound reduction to produce.