6,600 shares = 264 ozs of proven gold, backing your $1,000 dollar investment + commission. IMO.
6,600@.15 = $ 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.
Gold will be at 280 per fine oz.
results from ice property, are not in yet.
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
here is what you end up with. buying into. IMO
Damoti, proven 400,000
Zopilote, Proven 400,000
------------------------
total proven 800,000 X worth 5 per oz on sale with gold @280, IMO= 4 million , cash.
sold 2 mil shares for drilling and working capital, 1/3 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 .15 .15 X 25 =3.75 bucks U S.
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
SO FOR 3.75 dollars U S, you get 1 oz of proven gold backing your shares. 25 shares = 1 oz
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
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 280 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 280, there is a profit potential. |
