GREY:ALXDF - Post by User
Post by
samtheshamon Jun 01, 2013 4:13pm
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Post# 21473783
Profitability
Profitability Easycoder asked a really good question... mining and especially profitability is not all about grams per ton..
is it a sulphide or oxide deposit
how deep are the deposits
how much overburden is there
how easy/hard will it be to extract the gold
A shallow 1 gram per ton mine in oxide can be much more profitable than a deeper 3 or 4 gram per ton mine that requires more expensive processes to access and extract the gold. If there are any really knowledgable posters on this board I would love to hear their thoughts on Alexandria's projected profitability based on the types of resources that they are discovering.
Cheers...
Sam...