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Re: dredgemaster post# 31448

Thursday, 05/26/2011 4:44:02 PM

Thursday, May 26, 2011 4:44:02 PM

Post# of 101798
I agree, that part of the world I am suprised they haven't hired some mercs out of SA or europe to protect their site.

I know what you meant about the production costs, it is still relatively cheap to mine in comparison to the value of the metal itself and I am not even thinking of ree's, which should be worth quite a bit based on what I have been reading about China hoarding the availble supplies.

There's a company in Iceland I have been watching which is supposedly sitting on a butt load of ree's but they are a couple of yrs away from production it looks like, but that is another mining company I might invest in eventually.

I personally appreciate someone such as yourself that seems to have a greater working knowledge of dredging and that part of the world than I do, basically confirming my own understanding of what is happening over there without actually being there.

It makes me want to free up more money to invest in this company. :lol:

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