5,000 shares = 200 ozs of proven gold, backing your $1,000 dollar investment + commission. IMO.
5,000@.20 = $ 1,000 + commission
Here is what you have claim to, IMO.
I am going to figure from Jan 1, 2000, by that time all my estimates should be reality.
figure 20 mil shares out standing, 18 now, 2 more to raise capital.
figure 200,000 of Atlanta deposit will be sold to TWG for 1 mil. U S that is.
that Standard will find a J V partner for Zopilote.
Gold will be at 300 per fine oz.
results from ice property, are not in yet.
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here is what you end up with. buying into. IMO
Damoti, proven 400,000
Zopilote, Proven 400,000
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total proven 800,000 X worth 5 per oz on sale with gold @300, IMO= 4 million , cash.
200,000 proven at Atlanta had been sold to twg for 1 mil U S cash.
sold 2 mil shares for drilling and working capital, 1/2 million U S.
they have 1/4 of ice property left to sell to SKE, can not place a value on that yet, need results on field testing
program by SKE.
20 mil shares out div 800,000 proven oz =25 shares = 1 oz proven. and that is not even talking about possible.
todays ask is .20 .20 X 25 =5 bucks U S.
so for 5 dollars U S, you get 1 oz of proven gold backing your shares. 25 shares = 1 oz
that is only proven, not possible, or add in ice ,or other property Standard owns.
Now we have to look at Quality of deposits at 300 per fine oz.
Zopilote is a low cost production deposit, maybe 200 per oz for production.
Damoti is a high grade deposit, production costs were in the 225 last figure I heard.
with gold at 300, there is a profit potential. |
