Posted On: 08/30/2014 1:29:52 PM
Post# of 8059
doesnt make much difference but the only royalty i've seen re cwrn is 2/ton-a basher has always misinterpreted a figure which had 2 elements to it
which was only figure i could find til recently
some royalties have gone up recently because of competition bidding for concessions but that doesnt necessarily apply to cwrn since cwrn already has its 50 year concession, renewable for another 50 years-
which they may need if man doesnt blow himself up by then,as the ore from coloso vein alone if same throughout as the deeper holes 69-73 showed would take 46 years to deplete at a Panamax/month
and 5 known veins and more will be discovered -havent even drilled
S 1/2 of baja 14 yet -holes 69-73 discovered the 5th vein -samson- which they had and may still be mining-either that or shipping aggregate to CEMEX or both
which was only figure i could find til recently
some royalties have gone up recently because of competition bidding for concessions but that doesnt necessarily apply to cwrn since cwrn already has its 50 year concession, renewable for another 50 years-
which they may need if man doesnt blow himself up by then,as the ore from coloso vein alone if same throughout as the deeper holes 69-73 showed would take 46 years to deplete at a Panamax/month
and 5 known veins and more will be discovered -havent even drilled
S 1/2 of baja 14 yet -holes 69-73 discovered the 5th vein -samson- which they had and may still be mining-either that or shipping aggregate to CEMEX or both
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