Friday, September 04, 2015 3:45:37 PM
Depends how deep they dig. 20-40 feet gets more gold...
at 20ft deep gets him $17.72 a yard.
at 30ft deep gets him $22.14 a yard.
at 40ft deep gets him $39.17 a yard.
Those are rough estimates base on surveys and land management.
That's at $1000 an ounce. And profit after expenses. So it's very rough indeed. That's just the gold. The earth and rocks they also sell off.
Some even take other minerals out of it.
Also all reports were done with Kapacke Mining and they are all in jail and banned from state of Nevada... So take that for what it's worth.
This is all from the bureau of land management.
If my math is good in square yardage... That should be roughly $222mil but don't quote that.
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