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To: AuBug who wrote (62419)11/30/2008 10:18:59 AM
From: loantech  Respond to of 78409
 
Yeah bring it on! <G> That would spark a huge gold a rally. It will happen some time I just do not know the flash point. Sure we had a big commodities rally but it did not seem like we had gold rush fever and a mania so will we get the gold rush and will it boost the stocks? I think so but I have been wrong so many times......



To: AuBug who wrote (62419)11/30/2008 12:28:24 PM
From: E. Charters  Read Replies (2) | Respond to of 78409
 
4000 tonnes is 4 million kilograms of 197. This is 4 billion grams. There are 31.10347636 grams in a troy ounce. That is 128,602,988.1 troy ounces which is worth $104,978,619.20 US or $129,606,603.20

Another calculation is the metric tonne is 1.102311312 short tons, each of which contain 29,166.66666 troy ounces. Therefore, there are 4409.245248 short tons to acquire and we get 128,602,986.4 troy ounces.

engnetglobal.com

Question is, how many grams in a troy ounce and how many troy ounces in a ton avoirdupois of 2000 lbs.

1 oz = 28.3595231 grams

32,000 oz = 907,184.7392 grams.

There are 7000 grains in a lb avoirdupois, and 5760 grains in a troy lb. 0.822857143 lbs avoirdupois in a troy lb. = 13.16571429 ounces avdp. = 373.2417213 grams/12 = 31.10347677 grams per troy ounce.

If you go by that there are 31.10347677 grams in a troy ounce.

Who is righty-rite-rite-rite?

EC<:-}