Quote:
Originally Posted by Justanothermember
I was born and raised just outside Dugald, but my family sold the house and land a few years ago and moved to the city, so we are no longer a part of this process. That will always be my home though and I often think of buying a parcel of land and moving back out to the 'homeland' so I still maintain a vested interest in what goes on out in that region.
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I know the feeling, I have a similar attachment to RMNP.
One thing is for sure, this isn't over. Maybe for the meantime. But the claims still exist, the silica still exists, and it's apparently quite pure. Back to the drawing board on how to extract it safely, or wait until prices skyrocket.
I couldn't find a Silica spot price chart. Prices vary widely, but
$50-80/ton was mentioned. I also saw something on ultra fine (which this seems to be?) for $200-800/ton. It's a very opaque pricing market so take these with a grain of silica.
Sio says the deposit is
13 billion tons and they were taking only 540 million of it. The
largest current silica mine in the world I could find is 1.5 billion tons. So Sio's resource is 10x bigger? Holy fuck!
At $50/ton, that's a $650 Billion (with a B) total reserves. Over half a Trillion, with a T. Or $27B for the initial 540 million. Ya this definitely isn't going away lol Crazy.