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JohnCM

04/24/11 1:10 PM

#41701 RE: Kubisiak5 #41700

A few things I look at is the COST to mine. This takes several things in mind. Cost of electricity, general services, water, employees, contract work, cost of permits, etc. And environmental issues. In the USA and Canada it is rather difficult to obtain mining permits. You must follow strict guidelines ( this is good for the environment but sometime it can go a bit too far ). South America has crazy leaders in the government who like to swipe your property. See Venezuela. Africa has certain government restrictions and they participate very closely with the miners, The costs to mine are somewhat high in Africa. Mexico is one of the BEST regions to mine.