CGT 0.00% 21.0¢ castlemaine goldfields limited

nice sp increment, page-5

  1. 12 Posts.
    Robert I dont know if you have a mining experience, but it is all very well to have higher grade narrow vein pods, but mining them and avoiding dilution, access cost ( over $10,000/m and all the other operating costs make narrow vein U/G mining very fraught with difficulties. Look at Beaconsfield (with a 3-7m reef at 15-20g/t and they couldnt do it there - thanks to Gills incompetence. also Bendigo, Tarnagulla, etc etc.

    Only one or 2 have made any money

    It needs smart mining and management. Gill has neither - look at his history, two companies in receivership.
 
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