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ChuckD-MSB

12/21/10 10:20 PM

#69677 RE: DrBobW #69676

There is indeed a railroad line very close to the property, I believe the magnetite was actually shipped by rail, however I think you are correct DrBob, the rail does not go to the smelter so it will be shipped by truck. The con can be put into huge bags (to comply with environmental regulations) and placed on trucks and sent to a smelter. The transportation cost is just part of doing business. I think its around $1.30 a mile if they can get a back haul. Each load would be around 50,000 pounds, so percentage wise, its not that much expense. I am told that there are US companies that ship their con as far as the Netherlands. We have folks crunching these numbers for us.
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Johnny4profits

12/21/10 11:38 PM

#69680 RE: DrBobW #69676

I walked the tracks. Yes, it is most certainly there. But there was some issue as to who owned those tracks and that they did not belong to the same rail road that the ore would have to travel over or did not connect with those tracks or something vaguely representing a block wall.

But Chuck is hard on it, rock, hard spot and all. Our good man in Dodge!

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private_wealth

12/22/10 11:35 AM

#69685 RE: DrBobW #69676

The line that runs through Milford runs through Southern Nevada and into Los Angeles. Alas, no smelters along the line. Trucking to Southern Arizona is the path of least resistance, but not much scale.

Good luck on the idea of using Rio's Smelter at Kennecott Copper. That's not going to happen.