TSXV:CAV.H - Post by User
Comment by
loosechaingeon Jan 03, 2012 9:47pm
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Post# 19367504
RE: RE: RE: RE: RE: RE: Manganese
RE: RE: RE: RE: RE: RE: Manganese A point was made to me a few years ago (from a friend) when I first took a position in the stock, that the size of the ore body is huge and only 25 years worth of mine supply is included in the study. It could potentially be an 80 year supply so the usual depletion of the resource is added as quick as it is removed. If this is true it adds a real different value to the stock then a typical mining operation where a fixed resource is depleted through mining. We shouldn't see the depletion factor for my lifetime.
LC