<<3.To the moon. The value of the first grid to 100ft.,assuming .28opt, would be around $70/share. (With $100 in ground value and 20mm shares). Of course, everyone knows there is a lot more to this than on 1sq.km. I htink I'll be rich before I know what happened.>>
Kimberly that was pretty good, but I thought we'd show rainman a little more. Hope you don't mind!
0.28oz/gold/ton x 50,000,000 tons(1sq.km. to 100ft.deep)=14,000,000 oz of gold
Someone previously mentioned that the mineralization went down to 400ft.
400ft. deep, so we multiply 14,000,000 x 4 = 56,000,000oz of gold to a depth of 400ft. on a 1sq.km. grid
Drilling commences Monday on additional 8 sq. km. grids.
8 new grids being drilled + 1 original grid = 9 sq. km. grids
9sq. km. grids x 56,000,000 oz. gold = 504,000,000 oz. gold
There is more platinum out there than gold, but for now let's just say an equal amount of platinum as well.
What about the other metals palladium, rhodium, silver?
To summ it upp for you Rainman, this stock will perform like no other stock the markets have ever seen before!!
Regards John |
