NOW that the company is re-addressing the Mineral Ridge property it's only right we look at the numbers as they relate to us.........
Now…
DON'T go re-mortgaging the house over this, OR buy shares using your credit card.
506,000 ozs of gold
Dore was 50/50 gold/silver
506,000 ozs gold @ $715 = $361,790,000 506,000 ozs of silver @ $12.72 = $6,436,320
Prod Cost = $46,000,000
Bond = $6, 000,000
Taxes @ 34% = $107,516,949
Net = $208,635,900
IF we ever prove up the 3.5 – 4 million ozs that’s SUPPOSED to be laying around out there?????
NET = $1,646,713,200 |