First Asset Morningstar Emerging Markets Composite T.EXM.A

Krogh

[OilSandSam]

Comes down to mine management. If gold was 250 an oz, would you have a more economical feasible operation if you were running through lower grade, or high grade? You have to take advantage of the higher gold prices when you can, it creates a more sound operation in the long run. My opinion.

[Revelation18]

Experienced LONG TERM Miners DO NOT grab all the High Grade early and run!!.. Examples.. Campbell Red Lake Sigma Gold Mines East Malartic Gold Mine MacIntyre The Big Dome Lake Shore Gold Mine! Etc! Anyway ..Keep Drilling Boyz.. Yours truly Revelation!!

[krogh]

Thanks for your replies. I guess we disagree on this point. About the experienced miners that don't grab the high grade and run. This must be due to mining issues, like the low grade ore being placed on top of the high grade ore. If they just take the high grade and run, they will ruin the possibility for mining the rest. Such cases are clear. But suppose that there is a choice of

[Revelation18]

BEfore the installation of high tech gold detection equipment at the exit points of Mine Sites in Northern Ontario/Quebec!! High Grading WAS extremely profitable for Stope Miners!! ""Enjoy Mining"" Yours truly Revelation An EXM shareholder..!!