PINL:VITFF - Post by User
Post by
Lloyd_Blankfeinon Jan 19, 2017 8:28pm
232 Views
Post# 25731637
Infrastructure
Infrastructure
Maybe some of the more knowledgeable posters can address the issue of infrastructure in the Yukon. VIT itself needs more power than the total amount the Yukon is currently producing so how can it mine its deposits any time soon? And it's in a remote area with a long way to ship mine construction materials and concentrate. And there are no towns around there for workers to live. All this adds up to a high cost mine. There are high grade properties with much lower risk in Ontario and Quebec, so why wouldn't investors put their money there first? I'm not shorting VIT or here just to bash, I think these are legitimate questions. If there are sound answers I would be genuinely interested in hearing them.