pro and con of bmn, page-8

danube,

Negative:
1. Low grade, 200ppm like 1.2g/t gold, or 0.55% copper deposit. Eqv. Gold and Copper Mines are Worth a Lot Less.


what has "Eqv. Gold and Copper Mines are Worth a Lot Less" got to do with anything? eqv is used to tart up a low grade au or cu deposit which has predominately other elements and is generally used to confuse people. it may have escaped you that bmn have a u deposit!

here are some other comparisons,

72 million pounds of u is equivalent to,

940 million tonnes of copper
6 million ounces of gold
265,000 tonnes of nickel
60 million barrels of oil

you are another person hung up on grades which is a big mistake. we know aa is open pit and bmn are targeting 9 million pounds per annum at a cash cost of $23/pound.

cheers