InvestorsHub Logo
Followers 57
Posts 9765
Boards Moderated 0
Alias Born 10/17/2012

Re: es1 post# 78064

Thursday, 08/28/2014 6:50:44 PM

Thursday, August 28, 2014 6:50:44 PM

Post# of 112483
The USGS states:

Type In-situ
Estimate year 1996
Total resources 2,970,000mt ore
Resource details
Commodity Gold
Subtype Au
Grade 6.9 g/mt
Group Gold
Importance Major
Year 1996

http://mrdata.usgs.gov/mrds/show-mrds.php?dep_id=10286771#nav

This represents 661,000 ounces of gold, or $860,000,000.00 today.

That may be the clearest definition of rich I have ever seen.