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Re: JonB44 post# 47464

Tuesday, 05/19/2009 3:48:55 PM

Tuesday, May 19, 2009 3:48:55 PM

Post# of 165855
Jon....It was a very good question. If it costs more to pull out of the ground than what the market can pay, we're cooked.

I can almost guarantee that Scott and co. have already determined a rough cost estimate that leads them to believe the mine will be profitable.

Secondly, at this stage (defininmg of the resource), it is only important to establish and define the deposit. Who knows, we may have a buyer for the property already and all that is needed is a resource NI43-101.
good luck...Jim