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Gold/Mining/Energy : ASHTON MINING OF CANADA (ACA) -- Ignore unavailable to you. Want to Upgrade?


To: Famularo who wrote (4118)2/27/1998 2:59:00 PM
From: Jackleg  Read Replies (3) | Respond to of 7966
 
We talk about predictions based on hope and others based on math. What do you think?
We have a substantial potential here, with already indicated quality (ie the fancy). And they have only started to look!
Lets say only 5% of the indicated tonnes to a depth of 100 m generate a revenue of $18.00 per tonne (and a mining cost of $10.00)) That corresponds to a market cap which equals a share price of over $15.00. Did I screw up? Or did the extra Rickards at lunch take charge?