Replies to post #158703 on Liberty Star Uranium and Metals Corp (LBSR)

[gitreal]

I read about a company that is using heap leaching to obtain copper from a typical low grade deposit. As far as i remember costs about 1 dollar or less a pound. So even at 2 dollars copper is 100% return on investment.

So, with the 23% copper outcrops discovered by Briscoe, the profit margin will be absolutely stupendous and dynamic, maybe even unique and unprecedented, right?

Yeah, that makes total sense. Every company with a low-grade copper deposit should be able to make copper at a dollar pound. And if they happen to have a high grade deposit and access to Leveler machines, even better. Mining is so darned easy.

Sheez.....