Aminer,I just read yoor post after I made mine so I was pleased...

Aminer,

I just read yoor post after I made mine so I was pleased we used the same example.

In total agreement of course but I was talking about the swedish project which is an underground mine.

My point is, if its underground, it better by over 5-6 g/t.

Open pit, Boddington was my example as well. And at 1 g/t, you better have millions upon millions of ounces are a dirty big through put which what Boddington has of course.

Anybody who has 1 million ounces at 1 g/t better have a toll treatment story going for them because even if you can make the sums dance you have got bugger all chance of find a resource lender to fund the capex should you need to build your own plant (eg Kal Resources come Matra or whatever they now call themselves will be finding that out). Even Mr Stockbroker would (if you decide no debt, we'll go 100% equity, is likely to tell you to go away and come back when you find something a tad more existing and profitable given that you will have a billion bits of paper (shares) to divide the cashflow between.