Spider Resources

Welcome To The Spider Resources HUB On AGORACOM First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed

Could someone please post for me the tonnage at X % and the depth at what it was at for FWR . People keep comparing these 2 deposits but as I remember FWR's CR was at considerable depth and was quite a bit lower in grade %.

Maybe someone more knowledgeable than I could break this down for us less Geo types. I would like to know if a company has say 10 tons of 36% CR and it is at the say 400 foot depth level what its worth per ton would be and , then how would that compare to the same tonnage and % at say 50 foot level. I would also like to know if the same find had a 40% grade and did not need to be refined before shipping what the costs would be and or profit per ton.

It seems some are comparing apples to oranges here and i for one would like some clarifacation. Can anyone help.

Thanks in advance : Cashin

Please login to post a reply
cashin17
City
Rank
Treasurer
Activity Points
1708
Rating
Your Rating
Date Joined
10/02/2007
Social Links
Private Message
Spider Resources
Symbol
SPQ
Exchange
TSX-V
Shares
660,422,662 Aug. 27, 2010
Industry
Metals & Minerals
Create a Post