Followers | 520 |
Posts | 67341 |
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Alias Born | 06/10/2009 |
Wednesday, September 17, 2014 10:56:36 AM
"CGRA has on the books 8.1 million in assets what about the value of all the ore in there pits. I have seen most of the pits, and those numbers if they were on the books would easily be 20 million plus that is a conservative estimate. The white pit which is where the dolomite is mined from is over 250 acres and it climbs 1500 feet in elevation over the acreage. If the dolomite only went into the mountain 50 feet that is 19,700,000 yards and you set the raw ore price at historic royalty price of 4 bucks there is 80,000,000 of ore reserves that are not on the books, I can do the math. Standing by for the ride!!!! Microsoft started with some guys with an idea writing programs they didn't even have any real assets. Happy Trading"
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