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gitreal

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gitreal

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Re: PhisHD post# 81001

Sunday, 08/26/2012 6:36:56 PM

Sunday, August 26, 2012 6:36:56 PM

Post# of 162660
And therein lies the problem! If it takes $11 a cubic yard to mine and process $10 "ore", you have lost money.

GDSM and their "technical" reports and appraisals assume that there are enough folks out there that will make the same simplistic mistake. Legitimate mining companies do not publish values of "in-ground" ore for this reason - entirely misleading.
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