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Re: manxy post# 11715

Monday, 11/03/2014 4:15:28 PM

Monday, November 03, 2014 4:15:28 PM

Post# of 18904
please stop misquoting me ... i never said trillions .....

i said they have tens of billions in gold ... and their market cap should be worth about 10% of their gold assets (especially once they are proven)

so let's say hypothetically, the whole property has 50 billion in gold assets .... then it would cost $5 billion to buy them .... NOT TRILLIONS

we don't even know what's on the remaining 1900 acres ... since i believe they only surveyed the anomalies - which only accounts for about 200 acres out of the 2100 of the jv deal ...

the core sampling, i believe is to be performed for the whole 2100 acres ????

and we have no idea how much gold is on the remaining 35,000 acres ...
satellite imaging will begin to give us an idea ...

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