OTCQX:MEAUF - Post by User
Post by
dogwagon Oct 13, 2015 6:09pm
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Post# 24188333
Very High Strip Ratio!!
Very High Strip Ratio!!
Not sure what is pushing the price up so much as this deposit has a very high strip ratio 10 to 1.They may have over 4 million ounces inferred but they have over 100 feet of overburden to remove to get to the ore in their open pit.This would be very expensive to mine but someone is buying.