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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: KyrosL who wrote (95534)10/15/2012 6:14:37 AM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 218617
 
They are selling the concession for slightly over $1 billion and supposedly development of the project is lower than $2 billion - so something is not adding up.

Based on this table it shows different value

minefund.com

bullionstreet.com

Sukhoi Log's estimated reserves of 2,000 and 3,000 tonnes (64.3 million to 96.4 million Troy ounces) of gold and a smaller amount of silver make it into one of the world's largest untapped deposits of the precious metal.

But based on this assumption you are right and I am wrong :(