mining in africa, page-2

Birdfly...you are somewhat ramping SBS at the moment. What is going on? Hoping to make some short-term gains?

Your last post is somewhat misinformed too. THe Barrick JV is on a low grade deposit, certainly with no high grade component at all. The project is potentially viable given its large size, quantity of gold (enough to pass Barricks 3 Moz hurdle), Barricks specialty in mining low grade deposits, and existing Barrick projects of similar nature also being developed in Tanzania...but to suggest that it is high grade at 1.1 Oz/t is quite an interesting prspective