Oidon Company, Ltd. (OIDN)

[jerseygirl]

Did anyone see this on the MGM website? Am I missing something or is this alot of gold?


"La Esperanza" Facts

Proven reserves: 1,080,000 tons of gold-silver bearing material. (400,000 m3 x 2.7 ton/m3) With dimensions of 1,000 m in length and a width of 0.8 m and an average of 0.8037 troy ounces of gold and 0.9645 troy ounces of silver per ton.

Probable reserves: 1,620,000 tons of gold-silver bearing material, with 1,080,000 tons located in an inferior block with the same dimension of the last one, plus another adjacent block of 540,000 tons located in the east. The total amount of probable reserves of material is 1,620,000 tons, assuming the same average of 0.8037 troy ounces by ton of gold.