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Thread: CU AG mine layoffs.

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    Electrum Errosion Of Accord's Avatar
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    CU AG mine layoffs.

    http://billingsgazette.com/news/stat...7adff4b5d.html

    KALISPELL — Revett Minerals says it's unclear when it can resume operations at the Troy Mine in western Montana following rockslides inside abandoned parts of the mine and might have to lay off workers.
    "Democracy is two wolves and a lamb voting on what to have for dinner. A republic is a well-armed lamb contesting the outcome." --(Attributed to) Benjamin Franklin

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    Unobtanium osoab's Avatar
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    Re: CU AG mine layoffs.

    wilver opens down 1 frn due to this news.
    “Democracy is also a form of worship. It is the worship of Jackals by Jackasses. It is the theory that the common people know what they want, and deserve to get it good and hard.”
    H.L. Mencken

    "The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary."
    H. L. Mencken

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    Electrum Errosion Of Accord's Avatar
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    Re: CU AG mine layoffs.

    Finally got a minute to look at thier numbers.

    4,000 tons per day
    1.325 million oz Silver per annum (avg. at planned production)
    10.0 million pounds Copper per annum

    Not too shabby
    "Democracy is two wolves and a lamb voting on what to have for dinner. A republic is a well-armed lamb contesting the outcome." --(Attributed to) Benjamin Franklin

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    Iridium mamboni's Avatar
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    Re: CU AG mine layoffs.

    Quote Originally Posted by Errosion Of Accord View Post
    Finally got a minute to look at thier numbers.

    4,000 tons per day
    1.325 million oz Silver per annum (avg. at planned production)
    10.0 million pounds Copper per annum

    Not too shabby
    That's an average ore grade of 0.9 gm silver per ton. Talk about collapsing ore grades! Forty years ago, this wouldn't even be considered a reserve.
    Tricks and treachery are the practice of fools, that don't have brains enough to be honest. -Benjamin Franklin
    Sincerity makes the very least person to be of more value than the most talented hypocrite. -Charles Spurgeon

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