Welcome to the Starfield Resources Disucssion Forum

The Company has three main projects: a PGE project in Montana's Stillwater District; a copper project in California's historic Moonlight Copper Mining District; and a nickel-copper-cobalt-PGE project in Ferguson Lake, Nunavut.

Free
Message: Hurdles or Brick Walls

Re: Hurdles or Brick Walls

posted on Aug 03, 2008 10:55AM

Basher! Too bad youa re so bad at it. maybe you can go back to Stockhouse and learn how to work in the boiler room!



Do you honestly think that all your so called problems haven't been addressed? They store fuel up there under those "extreme" conditions. You also put down a cost per tonne to ship cargo into Nunavut.....this is per tonne, volume discounts would apply so your theory is out the window there. Also at current prices(which are only expected to go up further) there is great economics for this product and you can be damn sure that it will get to market. This area is free of ice for 4 months of the year. Do you have any clue as to how many ships could get in and out of there in four months? Come on, you sound like you have no idea about htis area. You can go on the websites a cut and paste all you like it will not work, this project is too valuable for it not to go into production.

I will have you knwo that htere are oil tankers out htere that can carry up to 500,000 tonnes of oil. These are double walled, very secure tankers. So it would not take too long for them to get out this 1.5 million tonnes(which from what I hear may be a very conservative value) And if a foriegn vessel is waht is needed, then it will be allowed, no government would stop such a project over something as small as that. There are foeign vessels in our water 24/7, they need extra permitting but this cost is not much. Also the cost of moving a gallon of oil from Suadi Arabia is pennies, so moving a gallon of acid would be fairly cheap since they willbe going to the North American market or even to China.

Buyers are reporting a “perfect storm” of supply and demand issues in the sulfuric acid market that has resulted in a huge jump in sulfuric acid prices in Purchasing ’s monthly survey. Sulfuric acid prices in March hit a record high of $329/ton according to Purchasingdata.com

after trading at $90/ton as recently as October. Buyer Bobbie Fallaw at Devro Castings received a 26% increase from a sulfuric acid supplier in March and says the increase is due to a combination of factors: rising sulfur prices, increasing demand for sulfuric acid from the fertilizer markets, and short supply of sulfuric acid.

So, take another week or two and come back for more buddy!



Share
New Message
Please login to post a reply