HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

Free
Message: Re: BMK NEWS
1
Jun 22, 2010 12:52PM

From BMK Assay Highlights, 1% copper ($60),2.5% zinc ( $40) and 15 gram silver ( $10) is a bit short of costs to process and be economical.
If it is not economical you can have billions of tons, it matters little unless you hope that some day prices will rise to make it economical.
Compare that to our resource which is several times operating costs so mostly profit. Yet BMK shows no change in sp ($0.195). If it was ours we probably would be at 1$.
Figure that.
Life is not fair.


Jun 22, 2010 01:28PM

Jun 22, 2010 01:31PM
Share
New Message
Please login to post a reply