GREY:LEWCF - Post by User
Comment by
Bentonstockson Feb 20, 2008 6:32pm
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Post# 14403145
RE: Benton stocks ????out to lunch
RE: Benton stocks ????out to lunchWow, we have bashers... I have almost forgotten what that is like.
Now go to this web page https://www.ttmresources.ca/english/chu.htm and look at the depth of TTM's moly minerlization - much of their mineralization does not begin until 100-300 metres below surface and extends as deep as 600 metres. Do realize the cost of getting/mining to that level??
LWC's deposit is on surface - you just have to scratch it and its there. This is another case in point where people fail to make accurate comparisons, or valid critques of LWC's Nithi.
TTM might need 0.05% moly to make their deposit economical, but LWC does not. The advantage to LWC's deposit is the low cost to develop and mine.
Anyhoo, please list all of my lies and I will gladly retract them and apologize - where are my lies???
According to Jim Davis, the man running LWC, whom I spoke to today, the average grade at at Nithi, to date, equates to 0.93lbs/tonne. Anyone familair with LWC will know that the 1:1 (lb:tonne) figure has been what LWC has been using for a quite a while now based on an average of the grades from their drill results.
So bring it on my man... I am waiting for more.
Regards,
B.