GREY:LEWCF - Post by User
Comment by
smokeythebanditon Jan 21, 2011 5:11pm
353 Views
Post# 18009758
RE: RE: RE: RE: RE: CBS
RE: RE: RE: RE: RE: CBSDemarko is right, we're really comparing two different projects here. Both moly, but economics are different.
Bards grades of moly are easily better than the ones LWC has, but again deep in the ground. Surface moly can be profitable to mine at very volatile prices wherease in deep in ground moly the economics of it dont look so good once the price of moly starts to fall.
Both good projects though, I guess it depends on which one you like. Hopefully with the high grade zone we are talking about, LWC will be able to match the grades of some of the other moly jrs, and we will be on surface right next to Endako.