Tonogold Resources Inc (TNGL)

[surebob]

At an iron ore price of $80 a tone, these anomalies are capable of providing a projected estimate of forty four million, five hundred sixty eight thousand dollars in profits

You forgot the discount of 18% for deleterious materials and also additional 15% for 58% Fe...ie low grade ore.
Based on their operating and shipping cost, they are losing money on every ton mined.

let me know if you can prove me wrong. Its highly doubtful