I'll agree with you on the last line of your post.
The $75 an ounce until proven is not believable.
But, remind you that:
RONALD L ATWOOD, PH.D, 58 Vice President of Operations Member, Board of Directors
Currently serves as Vice President of Bolivian Copper Chemical Company, S.A., in La Paz, Bolivia, which has recently entered into an agreement with an Australian resource company for the development of a large copper deposit in Bolivia. Served on the board of Newmont Exploration, as well as Chief Metallurgist for Foote Mineral (1975-82), Director of Research for Newmont Gold (1986-87) and Newmont Metallurgical Services (1987-89), all divisions of Newmont Mining. Has been a professor of metallurgy at Michigan Tech (1972-74) and the University of Idaho (1974-75). Holds numerous patents in the field of extractive metallurgy. Published nine papers on various aspects of metallurgy. Received a B.S. in Metallurgical Engineering, and a Ph.D. in Metallurgy from the University of Utah, in Salt Lake City, Utah.
He says $75 per ounce is achievable in this case. |