First, in order to compensate for the diminishment of purchasing power that usually accompanies rising inflation, investors normally have demanded higher interest rates on their investment assets. This was particularly true in the 1977-81 era when inflation soared to almost 20% and interest rates rose to roughly the same level.

The new plan approved by the FS says water for drilling at Dog Bone Ridge will now come from Beaver Creek rather than Coral Creek. The agency also said Excellon has added several monitoring sites associated with Dog Bone Ridge.

The burning question I needed answered was why didn’t the deposit ever get mined of at least one of the valuable minerals? A couple of reasons have come to light.