Saturday, February 25, 2012

HIGHLANDS EXPLANATION ABOUT THEIR HOLE

I will admit I am not the smartest person in this big gene pool.

So I may have misunderstood this picture Highlands has on their site.

This is a picture of the Bingham Canyon Copper Mine, the deepest mine of this type in the world. 

And as you can see, they way Highlands has shown it, THEIR mine (and it is a mine, NOT a quarry, check out the definition) will be deeper?  (See the orange line)

Did I get it wrong? 

4 comments:

  1. It looks like they are trying to show that it will be significantly more shallow. The problem being that there is a huge area of land they are attempting to quarry and "average depth" is a very misleading figure

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  2. We truly are a crazy animal.

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  3. Personally, I'm not that interested in the depth of the mine. I'm more interested in how to stake a claim at the bottom of the pit, where I can farm potatoes and turnips and cabbages and have a lovely log cabin for my family. Who do I write to? Does Seth Klarman have an e-mail addy? Or a Paypal account????

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  4. Seth does have a big hole, doesn't he? Tee hee

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