Well yes assuming the infrustructure is set up to handle...

Well yes assuming the infrustructure is set up to handle magnatite. What I have seen to date is a company mining magnitite with a toy set up. I think what we should be asking is WHY didn't the magnitite project produce any profits or any real interest? How much money is a proper set up going to cost the company, that is enough to buy proper plant and machinary? How many more dilutions are we going to endure before they get "the" equipment needed to make agrigate a viable business?

I have viewed the money injections from members and prefered friends of the company and it doesn't look like much to start with. What does a fleet of trucks and earth moving equipment cost to buy?

http://www.911metallurgist.com/blog/how-much-does-it-cost-to-build-a-mine/capital-cost-mine-mill


KEEP READING BELOW

Agglomerators Air Separators/Air Classifiers Alluvial Mineral Treatment Plants Analyzers Backhoes, Hydraulic Bag Packing Machines Bag Palletizing Machines Bag Placing Machines Battery Chargers, Locomotive Bin, Storage Blocks, Dragline/Dredge Blowers Briquetting Machines Bucket Elevators Bucketwheel Excavators Buildings Cap Lamps and Chargers Carbon Stripping Systems Cars, RailCars, RailroadCatalytic Diesel Filters Cathode Stripping Machines CentrifugesChutes, In-Line Loading Clarification Systems Classifiers, Screw Coal Breaker Communication System, Underground, Voice and Data Compactor, Drum Compactors, Self-Propelled Compressors, Centrifugal, Stationary Compressors, Low Profile Compressors, Portable Compressors, Rotary Screw, Stationary Compressors, Shop, Stationary Concrete Pumps Continuous Haulage Belt Conveyor SystemsContinuous Miners Continuous Miners, Boom-Type (Roadheader) Continuous Miners, Boom-type (Roadheaders) Continuous Miners, Dintheader-Type Continuous Miners, Surface Drum-Type Controller, Variable RPM, Electric MotorConveyor Feeder-Breakers Conveyor Magnets Conveyor, Portable Jump Conveyor, Scales Conveyors, Overland/In-Pit Conveyors, Process Plant Conveyors, Rail Conveyors, Screw Coolers, Rotary Cranes, Hydraulic Cranes, Overhead Traveling Bridge Crushers, Coal, Reversible Hammermill Crushers, Coal, RollCrushers, Double Roll Crushers, Gyratory Crushers, Jaw, Double Toggle Crushers, Jaw, Single Toggle Crushers, Non-clogging Hammermill Crushers, Reversible Hammermill Crushers, Shorthead Cone Crushers, Shorthead Cone, Heavy Duty Crushers, Single Rotor Impact Crushers, Standard Cone Crushers, Standard Cone, Heavy Duty Crushers, Standard Hammermill Crushers, Vertical Shaft Impact Crushing/Screening Plants, Portable Cyanide Analyzer Cyclones, Wet, Coal Cyclones, Wet, Mineral Density Separator Diamond Drill EquipmentDraglines, Crawler Draglines, Walking Dredges Dredges, Cutterhead Drilling EquipmentDrills, Percussion Crawler Drills, Percussion Rubber-Tired Drills, Reverse Circulation Drills, Rotary Crawler Drills, Rotary, Truck Mounted Blasthole Drives (See Mill Drives, Reducers) Drives Drum Fillers (Also see Bag Packers) Dryers, Rotary Gas-Fired Dust Collectors, Bag Filter Dust Collectors, Bin Dust Collectors, Wet Scrubber Electric Motors, ACElectric Motors, AC – Crusher DutyElectric Motors, DCElectric Power Transmission Lines Electrical EquipmentElectrostatic Separators Electrowinning Cells Engines, Diesel Evaporators, Tailings Pond Excavators, Wheeled Explosive Storage Bins Explosive Storage Magazines Feed Distributors Feeders, Apron Feeders, Belt Feeders, Vibrating Feeders, Wobbler Fillers, Bulk Bag Filters, Disk Filters, Horizontal Belt Filter Press Filters, Plate and Frame Pressure Filters, Pressure Leaf Filters, Reverse Osmosis Filters, Rotary Drum Filters, Tube Press Dewatering Flotation Machines, ColumnFlotation Machines, Self-Aerating Flotation Machines, Standard Furnaces, Melt Generator Sets, Diesel Powered Generator Sets, Gas Turbine, Diesel Powered Generator Sets, Gas Turbine, Natural Gas Powered Gold Concentrator, Centrifugal Graders (with ripper/scarifier) Grinders, Drill Bit Grinding Mill Liner Cranes Grinding Mill Rod Chargers Grinding Mills, Rod and Ball: Grinding Mills, Roller Grinding Mills, Semi-Autogenous (SAG) Grinding Mills, Vertically Stirred (Tower) Grizzlies, Vibrating Grout Plants Haulage Dispatch System, Computerized Heat Exchanger-Shell and Tube Type Heaters, Portable Diesel Heavy Media Vessels Hoists, Overhead Trolley Hoppers, Feed Hydraulic Mining Systems Impact Hammer, Mobile Impact Hammers, Pedestal Mounted Jigs, Circular (Radial) Jigs, Pan American Jigs, Shot Separator Kilns, Direct-fired Rotary Kilns, Indirect-fired Rotary Laboratory Equipment Lift Trucks (Forklifts) Lifts, Articulating Boom Lifts, Scissor Lights, Portable Diesel Lime Slaking Plant Loaders, Continuous Loaders, Crawler Loaders, Overhead Shovel Autoloader Loaders, Skid Steer Loaders, Wheel Load-Haul-Dump and Coal Scoop Tractors Locomotives, CoalLocomotives, Diesel Locomotives, Noncoal, Battery Locomotives, Noncoal, Trolley Locomotives, Switching Log Washers Longwall Mining SystemsLongwall Shield Retrievers Magnetic Separators Merrill Crowe Plants Mill Drivers, Gearless Mine Hoists Mine Hoists, Rack and Pinion MixersMixers, Paddle Mixers, Pin Mill Mixer-Settlers Mulchers Ore Sorters, Sensor-Based Parts Washers, Power Pelletizers, Disk Pelletizers, Drum Pipe Equipment Placer Gold Washing Units Pumps, Centrifugal Acidic/Caustic Pumps, Centrifugal Trash Pumps, Clear Water Pumps, Diaphragm Pumps, Froth Pumps, Fuel Pumps, Metering Pumps, Mine Dewatering Pumps, Piston Pumps, Process Pumps, Slurry Pumps, Submersible Permissible Pumps, Submersible Pumps, Vertical Pumps, Water Well Rail Car Dumpers Rail Car Movers Raise Boring Machines Raise Climber Reagent Feeders ReducersRefuge Chambers Retorts, Mercury Rock Dusters Roof Bolters SAG Mills Samplers, Automatic Belt Samplers, Automatic Slurry Scaler Scalpers, Coal Scraper Hoists, Electric Scrapers, Coal Scrapers, Elevating Scrapers, Standard Scrapers, Tandem, Push-Pull Scrapers, Towed Screens, Dewatering/Desliming Screens, Trommel Screens, Trommel-Mobile Screens, VibratingScrubbers, WetSeeders Shaft Cutting Machines Shaft Sinking Equipment Shotcreting Systems Shovels, Cable Shovels, Hydraulic Shuttle Cars Sieves Skips, Bottom Dump Ore Sluice Boxes, Magnetic Sluice Boxes, Standard Slusher Blocks Slusher Buckets Solution HeatersSpill Berms Spiral Concentrators Stackers, Conveyor Stackers, Conveyor, Large Stackers, Portable Conveyor Stacking Tubes Storage, Silo Concrete Stretch Wrapping Systems Tables, Concentrating Tanks, Bladder Tanks, Cyanidation, Steel Tanks, Horizontal Pressure Tanks, Polyethylene Tanks, Steel Tanks, Steel, Fuel Tanks, Steel, Stainless Tanks, Water/Liquid Storage Telehandlers Thickeners Tractors, Crawler (with ripper) Tractors, Wheel Trailers, Equipment Hauler Trailers, Rear-Dump Haulers Trailers, Rear-Dump Highway Haulers Trailers, Side Dump Transmixers Transporters, Crawler Transporters, Wheeled Truck Scales Trucks, 4 Wheel Drive Trucks, Bottom-Dump Coal Haulers, Mechanical Trucks, Flatbed Trucks, Rear-Dump, Articulated, Mechanical Drive Trucks, Rear-Dump, Highway Trucks, Rear-Dump, Rigid Frame Trucks, Service Trucks, Shot Loader Trucks, Underground Ore and Coal Haulers Tuggers, Air Powered Winches Tunnel Boring Machines Utility Vehicles, UndergroundVacuum Pumps Vacuum Tank, Clean Up Vehicle Washing Systems Ventilation Equipment Auxiliary Fans Ventilation Equipment, Axial Fans

Depending what avenue the company takes this is a small list NOT ALL WILL BE NEEDED. At least two thirds will be needed at some point in the mines life. I think my wife has summed it up the best, 'everything looks fantastic on paper'.