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Gold/Mining/Energy : Cardero Resources (CDU.V)

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From: Valuepro8/31/2010 5:10:14 PM
   of 217
 
Great News from Minnesota -

finance.yahoo.com

Ti looks to be worth a bit more than 3 buck per pound and Tio2 about 1.20. Therefore 15 percent Tio2 is worth about 422 per tonne. Then, it looks like the whole bundle - Tio2, iron & copper - would be worth very roughly 525-550 per pound of metal in the ground. Still incredible, if mining costs can be in the 50 dollars per tonne area.
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