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surebob

02/14/18 9:35 AM

#90568 RE: microcaps1 #90567

Did it ever occur to you that the price of iron ore and maybe the quality of the mine might have something to do with it?
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microcaps1

02/18/18 4:30 AM

#90571 RE: microcaps1 #90567

i've posted the reason for the work stoppage and reported failure to pay for the mine many times-if bob had done the thing which caused the mine to stop people would've been all over him

ore was only 10-14/ton til 2002- so todays prices -especially when theres a substantial premium for lump ore plus premium for ore above benchmark,combined w some of the lowest mining costs anywhere(e.g Chinese labor costs have exceeded Mexicos for ca 4 years now)plus veins are demarked w aid of 73 drill holes- plus proximity to the ocean and port- should provide profitable operations