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Re: MorganaGordona post# 2669

Friday, 07/15/2011 10:05:58 AM

Friday, July 15, 2011 10:05:58 AM

Post# of 42929
Alta Mining entered the final stage of negotiations for a silver mining property. Also, both the favorable Canadian geo-political environment and a constant demand for silver are major drivers for an increased silver price.

Been doing some basic math and here's what I came up with:

Here's some steady figures to look forward to:

1 barrel of oil sells for around $100

200 barrels x $100 = $20,000 a day

$20,000 x 365 = $7.3 Million HIGHLY CONSERVATIVE!!!

This is exclusive of the revenues Cressent intends to reap off of the newly leased properties that is 6 new wells!
Plus Alta Mining yields some considerable profits off the mining resources in Canada and is gearing to exploit lithium deposit in Argentina.

YOU be the judge!