TSXV:CAV.H - Post by User
Comment by
member321on Mar 31, 2011 5:46pm
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Post# 18369889
RE: RE: RE: RE: market darlings
RE: RE: RE: RE: market darlingsIn addition and significantly:
- The underground portion is soft rock mining using continous mining equipment like coal or potash mining which is a low cost mining operation.
- Baja's cu grade is 2 % for the first 6 years (this is not cu. equivalent. Baja cu. eq. is even higher) compared to Copper Mountain's copper equivalent head grade of 0.53 %.
- labour costs are lower in Mexico
- Baja has a port at its door step. Copper Mountain has to ship 300 km to Vancouver.
- Baja has a 23 year mine life as opposed to Copper Mountain's 17 years