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Gold/Mining/Energy : JAB International (JABI) -- Ignore unavailable to you. Want to Upgrade?


To: Gravitar who wrote (678)10/29/1997 8:52:00 PM
From: tech  Read Replies (1) | Respond to of 4571
 
Gravitar,
I think 1 oz./ton is exceptional, not to be taken as a sign of a poor find. It would be very profitable for them to mine 1 oz./ton rock. They'll make $9,000 that way per day. $300 (gold price) - $150 (mining price per ton)= $150 X 60 tons per day = $9,000.
Tech