Benton; In your post of 10:48AM, Oct. 16 is very correct!
And once Cliff's has the Infrastructure in place for the Century Long FREE Chromite Mine, NOT will have little problem raising the Funds to do a PEGGY Back Ni/Cu/PMG Mine Development with the Eagle's Nest, as it is presently understood by NOT's current Technical Team. And even I fully expect the Eagle's Nest will be FULLY Viable and run for up to two decades, and with decent Profits TO BOOT.
Thus, ALL IS GOOD!
Old Joe
Benton, your post:
Re: Some info on deep mine shafts and cost associated with them
posted on Oct 16, 09 10:48AM
"We need to hit critical mass first and them we can consider the cost associated with each deposit. If our drills find it we cam mine it.."
Yes, obviously we need to delineate enough ore to make the project economic/profitable, and there are many unique variables, such as the geometry of the deposit(s), grades, metallurgy, logistics, etc, that will have a direct impact in calcuating what will be economic in this case, but the point was/is that deep mining is not as prohibitively expensive as some believe it to be. Any arguments that NOT's ore is just too deep to be profitable, are completely uninformed, not to mention of suspicious motive.
Regards,
B.
