RE: Replacement costs are meaningless except for insurance purposes ----------------------------------------------------------------- Replacement value could indicate a numbers of things; Just to name a few; * financing costs, * financing risks, * dilution risks, * barriers of entry into the marketplace. Not that I think you sincerely cared about discussing hard numbers regarding the business. ============================================================== A must see video clip on the Federal Reserve and the current state of the Dollar... <A HREF="http://www.freedomtofascism.com/blog/2006/12/michael-badnarik-on-federal-reserve.html" target="_blank">http://www.freedomtofascism.com/blog/2006/12/michael-badnarik-on-federal-reserve.html</A> ============================================================== A must read article on Junior Mining Stocks... <A HREF="http://www.gold-eagle.com/editorials_05/hommelberg010307.html" target="_blank">http://www.gold-eagle.com/editorials_05/hommelberg010307.html</A> <img src=http://www.gold-eagle.com/editorials_05/images/hommelberg010307a.gif>