posted on
Nov 27, 2010 07:33PM
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
Message: Re: AGM
Another thing said, that what will add great recognition from a potential buyer is the economics of mining this potential resource. With these high grades, a gravity separation method is all that is needed, for the low grade waste, a finer method would be needed. But, averaging out the mining cost per ounce, would be,(im guessing) $150-$200 p/oz. This will be an open pit, and this may be a hugely profitable mine, I mean extremely low production cost.
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