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Politics : Gold and Silver Stocks and Related Commentary -- Ignore unavailable to you. Want to Upgrade?


To: Claude Cormier who wrote (1053)12/19/2004 3:42:09 PM
From: loantech  Respond to of 18308
 
Well Claude I don't know if the market can interpret big as far as overall size if Randy releases 10 holes that show good intercepts but they are 1 g/t. Then..........

So we may ride through the valley of fear while the market adjusts down and up and then more up after more and more holes show the tonnage.

Just speculating what may happen if we don't hit a linear hole with the stock at 5 bucks.
150 million tons. at 1 gram is 150 million grams divided by (Poke your head up here Bob <g>) 32 grams = 4.68 million ounces at .85 recovery is right at 4 million ounces give or take a few.

If economics are good then we assume those ounces are valued at 80 bucks at this level for POG? So $320,000,000 divided by 18 mill shares = 17.75 per share USD???



To: Claude Cormier who wrote (1053)12/19/2004 5:35:36 PM
From: loantech  Read Replies (1) | Respond to of 18308
 
Hi Claude or Bruce,

<100-200 millions tons of 1 g/t gold with good economics.>

Claude they have mentioned that the zone may go 4 KM at Gitana and be from 20 50 meters in width so using 4 KM by 35 meters wide average and lets say 100 meters deep in mineralization. The potential depth is just a guess as I don't think CKG has speculated on potential depth.
How much tonnage do you get? I liked the part(Some of the seperate vein system I assume) may converge at depth in a bonanza zone. <gggg>
Tom
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