CXO has a serious problem with disposal of tailings as does any company trying to start a mining operation in a high rainfall area if they have to fine grind and recover a concentrate. If the rainfall exceeds the evaporation rate, tailings disposal is a constant and expensive problem. It is not a problem for ESS as the evaporation rate is several times the rainfall.
ESS Price at posting:
59.5¢ Sentiment: Buy Disclosure: Held
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