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Re: Lufrance post# 56723

Thursday, 01/14/2016 8:47:24 PM

Thursday, January 14, 2016 8:47:24 PM

Post# of 62039
Thanks;) OROT had $80 in revenues in 6 months and that alone put the PPS for SIRG @ $.25 based on float of 319M. There was also a $200 million mentioned somewhere (i need to re-read the court docs lol) also I read something about an estimate of $300M few months ago but I can't remember where I read that. However; according to a friend here, a spanish language article have stated that orotecno was one of 4 ecuadoran mining firms that collectively flew 2 tons of gold into china last year.
So let's say their % was 1/2 a ton.
1,000 lbs: 16oz per lb = 16,000 oz at $1,100 an oz.
that's $17.6M bucks. That one alone makes $SIRG worth about $0.02
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