Proven gold they say they can extract from the ground
6.4 million oz. at $295.00 = 1,888,000,000.00 say cost of production is $150.00 /oz. 6.4 mil.*$150.00= $960,000,000 thats how much it should cost to get 6.4 million oz of gold out of the ground. $1,888,000,000.00-$960,000,000=$ 928,000,000 profit /100,000,000 shares = $9.28 /share pe of 4 =$37.12
SO IT IS VERY IMPORTANT THAT THE PRICE OF GOLD GOES UP NOW IF IT HITS $400.00 A OZ. WOW LOL NOW do you see why the SCE is concerned,because they can't fathom a junior coming across this claim,and when all is proven they won't be on BB very long,automatically BIG BOARD they will be licking up to them, are little GE ,maybe Nasdaq also. |