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Re: MpPUDD post# 59169

Wednesday, 11/14/2012 5:58:01 PM

Wednesday, November 14, 2012 5:58:01 PM

Post# of 167964
Minning at the level that SCCO does is extremly expensive. They use extremly large vehicles that cost several million dollars a piece and they have to reclamate any land the dig up. So yes, they need to borrow a lot of money to be in that business. Why would they buy some rinky dink cave mine when they operate huge open pit mines? It would be like General Motors buying a niche bicycle company. Why bother?

Everything I say should be taken as an honest opinion and not necesarily taken as fact unless supported by links to a reliable source. I could be anyone, take what I say with a grain of salt. Anything I say of interest is purely coincidental.