Page 5 reaching the point of Feasibility Study Not only will their operating costs need to look very attrac tive but their capital costs of construction will be the deal breaker Previously investors would take a long term approach to fnancing That is not the case anymore and when it comes to mining in particular bankers and lar ge private investors are scrutinizing these deals like never before If they don t they risk losing their job And few are prepared to risk their ca reer for a small cap or micro cap com pany That is also why it is so hard to fnd proper coverage of small compa nies And it s not just the obvious build ing equipment and labour costs of developing a mine Companies are facing more hurdles with respect to the environmental and escalating Contd from pg 04 costs of power roads water etc And because min ing is often as sociated with less developed coun tries government risk has increa sed along with labour disputes and dis ruptions W e at Mining Life and Exploration News see government as part of the solution to the problems generated by the 2008 world fnancial collapse Governments traditionally have seen mining as a cash cow often harming it with high tax regimes and unneces sarily restrictive environmental regu lations Y et the intelligent ones always rec ognized mining s contribution to the national economy They will come to see they cannot stand aside and allow the world s mining industry to be de stroyed For Canada especially the choice before it is both stark and obvious produce minerals itself or pay what ever price foreign producers demand Because minerals will be produced somewhere somehow