Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Ursa Major Minerals Incorporated T.UMJ



TSX:UMJ - Post by User

Comment by tickle1ston Dec 17, 2007 12:56pm
110 Views
Post# 14032433

RE: NEWS

RE: NEWSThunderhead I think I read somewhere, or was told, that the site prep and ore crushing and haulage costs came to about $2 million. That would work out to about $40/tonne for the bulk. I don't know if that would include milling and smelting costs. I don't think it does. IMHO, the only costs that we don't have anymore is the site prep. Crushing and haulage would certainly be in the $1 million range for every 50,000 tonnes. The other $1 million (permits, closure plan, ponds etc which is only my estimate)are no longer a factor if they get paid out of the initial bulk payment. not bad for a little mining company.
Bullboard Posts