Course we knew this for Friday buys.
OK by outline
1. Meet on $ making Sat.
2. May bring a good PR in week.
3. Just about making $ not financial rpt break down.
4. Have no addnl partners just claims to buy and how did that become even a question .
5. Contrary to ihub have done extensive drills for 6 years.
6. Big drill program will continue to a full report and mine plan.
7. Early on contract drills found the long sought shear zone right where should have been.
8. Lemas said let's go for the 5 gr shear right now not blast small vein for some time until pit reaches there.
9. PT had Chris his electrician along to do the cell addnl generator power hook up.
10. He has missing fingers from an old work accident.
11. Tom and I met him 1sr trip to hook up the trammel power panel.
12. That trip he had a broken drill bit stick in Julio vein.
13. Built own bigger torque power unit on his Cat.
14. Any family search was by hand for many decades.
15 He has explored all over the rancho since Mar 2011.
16. Nobody needed to tell him he could produce economic gold.
17. Precise same decision reasoning as Reids in Oaxaca in 2007.
Now using MC as primary no 90% refinery take home. Not yet considering ANY low vein grade cut off level blend in to keep 2 gr minimum Then we work the high grade milled recovery as 2nd product line.
Quick BOE work up on PPS effect.
Re: JACKPOT!
Post
by 8thaero » Mon Sep 11, 2017 8:07 am
Simply 10K daily of 2 gr convert troy @ 31 gr 76% recovery POG $1300, just 60% $600 oz profit split by 1/2 365 days with 679,000,000 shares.
20,000/31=645 oz X $600 x .76= $387K a day profit/ 2 = $193,500 our half X 365 =$70,627,500/ 679,000,000 issue= $.104 X PE least 10= $1 PPS and very little reason not $2 or even $3 with such weird figures and rising POG and all want in we own. Just what we been saying all along to traders waiting a higher PPS. Bless their frugal souls.
