CCU cobar consolidated resources limited

i'm out, page-24

  1. 3,754 Posts.

    Another thing the accountant said was,there are many third world countries that are mining silver.

    Their way is different to ours,we have massive overheads and thats why we end up with massive dept.

    He said the poorer countries pay low wages like $3.20 per day and less....some even use a form of slave labour where they pay next to nothing and these countries flood the market place from time to time.

    He reconds australia is a bad place to try and mine silver.

    Not the sort of news us holders want to hear but its fair to share.



    cheers.


 
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