2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 395.88

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4:00 PM EST

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To: Haim R. Branisteanu who wrote (95535)	10/15/2012 7:39:44 AM
From: TobagoJack	Read Replies (3) of 218519

we of the fellowship in australia are buying supposed gold in the certain ground at 0.6% of above ground ingot value, and figure on spending 500-600 per ounce at 9999 bar stage for oxide ore (shallower @ 0-40 meters, and as long as oxide mill is nearby, any reserve greater than one month's production is worthwhile), and spending 600-700 per ounce at 9999 bar stage for sulfide ore (deeper @ 40-200 meters, need large reserve size but such are apparently manageable for the drilling team to find in enough places nearby) the chinese we are front-running are certifiably willing to pay silly 4x what we pay, and yet still w/i reason as compared to valuations in lots of other places including china where in aggregate they are the largest producers of gold in the world i like the math :0) and the biz is certainly easier than ... qcom ;0) yes, we are trying to engage with a particularly large asset, not to buy but to flip australia is like one big piece of delicious cake, and minus the aboveground frosting of canada, and plus the warm ocean resorts i figure to mineralize australia-enabled excess savings in au and pt, at 50/50 blend the business has a sort of mathematical purity to it buy dirt dig dirt crush rocks get90gold make9999gold sell9999gold to australians keep9999gold pileplatinum from s.africa and the 'exit' is buy dirt from australians sell dirt to chinese

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