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Re: silver100 post# 27360

Monday, 02/27/2012 12:23:29 PM

Monday, February 27, 2012 12:23:29 PM

Post# of 35742
very low grade so building a mine/mill is going to be expensive because it's going to have to process a lot of rock to get many ounces out of the ground. As gold continues to hold and climb from here, this will go back up but the low grade probably makes investors skittish. We know from Nevada and Mexico that low grade miners can be very profitable but there is always a question mark until they prove it. I can't remember if there are profitable,low grade gold operations in Colombia now.


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