hmmmm........excert from a report, today, on the state of the mining industry.  Reflects some MMY shareholders thoughts.


The cost of building mines has skyrocketed in recent years, as soaring metal prices prompted miners to rapidly boost output, leading to a crunch in labor, professional services and building materials.

With capital costs soaring, investors are now demanding companies return more cash to shareholders instead of wasting money on bloated construction budgets.