RE:RE:RE:RE:RE:RE:RE:TREVALI EXTENDS ZINC HEDGING PROGRAM OUT TO END OF 2021 tiger6301, the AISC for Caribou was $1.15 just one year ago. You have to add at least $.10 for total cost and then add another $.10 for cost of reopening, rehiring, retraining employees, and getting equipment running. That gives you a breakeven of $1.35.
And you want to open the mine when zinc is $1.20 to $1.30 ??? Do you WANT the company to lose money?
The numbers here are pretty simple, but you do not seem to understand them.
As for "geotechnical issues", Caribou will always have lots of issues. That is why it always has been and always will be a loser high cost mine.