Friday, December 11, 2009 3:42:23 PM
So let’s look at your past statement.
Open pit can mean 60% margin.
That would give the Hawke zone alone (remember SE is shaping up to be bigger) a profit level of $6,600,000,000.
Divide that out of 20 years of operation you get = 330 million a year profit!!!!
Or .43 a share profit. Now what could we compare these numbers too? It’s better then BAC and GE right now. What’s there share price again?
Now include the SE zone and you are looking at 3+ a share profits for the next 20 years……
All this available in the next 4 years!!!! We might see 30 bucks a share by 2013!
Almost forgot..... In my opinion.
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