SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Winspear Resources

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Intrepid1 who wrote (5874)5/6/1998 6:27:00 AM
From: Andrew  Read Replies (1) of 26850
 
Hi Purething, I agree.

Lets say for the sake of argument there's 10 million tons and only 3 carots/ton. This works out to 30 million carots. Decent quality stones some with colour could be valued at up to $100/carot. I crunched these numbers into my calculator and came up with a value of $3 Billion ;-). I agree with Chris that it would be cheaper to mine this dyke system than Aber pipe. I will average down, come on .50.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext