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 : International Tournigan(ITG.V)announces major discovery
ITG 30.230.0%Feb 28 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Chuca Marsh who wrote (26)1/12/1997 4:34:00 PM
From: Chuca Marsh   of 347
 
Yes, I might be right or double right if CSW on the neighbor that I researched in Northern Miner is right on on their 2.8 GPT PIT.
Trillion Minning?Co (TLQ.Toronto) = 11 Million tons (itg=20Million in Grid 3 only) for TLQ=1,000,000 ounces of gold per(ITG= 200,000 and since they are at 2.8GPT and we are at a min of 2.0 GPT then we might produce(1.81% X1,000,000=1,810,000 OZ divided by.714=1,292,000 OZ per Year Production!!!!(the .714 was the relationship of the 2.0 GPTof ITG to The 2.8 GPT of TLQ)Buy on the dips!
The Trillion CSW news was 20 Nov 96 that had the similar pit wording to ITG news this week!
The assumption of mine life span was not mentioned specifically so I used the BEST case Sceenerio! But for worst -divide by ,say, 5?
My other posts calculations used # of shares Float as 12,000,000 but
I did not mention that fact. Looks like a few years down -we have a surprise or two- Forget about this one!It ain't Bre-X but it is in the 10 bag money way down the road. Confirm my calculations -I am willing to here critisms-honest!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext