GREY:VITFF - Post by User
Comment by
DonaldDDukcon Apr 17, 2024 4:35am
137 Views
Post# 35993110
RE:So I was just thinking!
RE:So I was just thinking!you are very smart. mining is not a value creation process. It is not like automobile or cosmetics/pharma industry. Mining is for virgin land like Congo or Angola. Minerals in Canada is already low grade. How often do you see 5% copper???? 5% copper open stope is normal in Congo but in Canada. 0.5% for pit and 2% for UG. If it is Canda 100 years ago of course you see some crazy mining activities like Dawson city in Yukon. I went to Dawson once they told me Dawson is the second place in North America that had electricity. Do you know how crazy it was back then??