Replies to post #475694 on Zeev's Turnips Patch-No Politics (ZEEV)

[choad]

MNEAF More good news indeed coming from Ambrose. Oh by the way......are the canistanie markets open today? LOL Hard to believe isn't it! :>)

[semi_infinite]

Basserdan - I am trying to figure out the size of Los Azules in comparison to other mines and found a table from a 2001 USGS report with the following table:

>>>>
Mine or Project;Location;Capacity mt/d ore;Total Capacity t/d ore and waste; Tonnage million mt ore;Copper Grade percent;Recovery Factor percent

Andacollo Chile 7,600 24,800 32 0.84 86.5
Carlota USA 24,000 70,000 96 0.44
Cerro Colorado Chile 11,000 39,600 79 1.39 82.0
Cerro Colorado Panama 27,400 136 0.56
Cerro Negro Peru 70 0.53
Dos Pobres/San
Juan
USA 91,000 225,000 568 0.34
El Abra Chile 128,000 156,000 798 0.54 78.0
Getty North Canada 3,350 6,000 9 0.47 65.0
Lomas Bayas Chile 28,000 38,000 290 0.36 66.0
Monywa –
Letpadaung
Burma 100,000 187,000 804 0.43 85.0
Monywa – S & K Burma 18,000 35,000 226 0.40 81.3
Piedras Verdes Mexico 79,000 237,000 310 0.37 85.0
Quebrada
Blanca
Chile 17,400 97 1.30
Radomiro Tomic Chile 90,000 315,000 802 0.59 78.2
Sanchez USA 25,000 57,500 208 0.29 82.0
Silver Bell North USA 18,000 30,000 179 0.42 50.0
Sullivan USA 9,100 23 0.33 85.0
Zaldivar Chile 41,000 154,000 315 0.89 86.0
>>>>

Los Azules seems to be right near the top. 2500m X 1500m X 100 m X 0.5% Cu X rock-density gets me to ~500 million mt. Any idea how much is the rock worth in the ground if production doesn't come for another decade?