Sarissa Resources Inc (SRSR)

[jim6103]

Howie..."The cost is very little. They use a bucket loader/backhoe type of equipment. Bulldozers are the order of the day. Cost is not a big factor."

I tend to agree as the open pit is not as labor/equipment intensive as an underground. In the Chapleau area, they have experienced miners and access to power, water and rail. I don't see any problem with extraction, processing, or shipping (rail line real close). The key will be the market price and that is projected to increase 6-8%/year even with a worldwide recession....Jim

PS Ontario is a very mining friendly Province!