InvestorsHub Logo
Followers 7
Posts 528
Boards Moderated 1
Alias Born 05/16/2006

Re: texan post# 7529

Tuesday, 10/03/2006 8:04:59 PM

Tuesday, October 03, 2006 8:04:59 PM

Post# of 38879
Greetings Texan,
I haven’t any feedback about my spreadsheet in yahoo groups.

But meanwhile have you read Manantiales project? They say “Very initial testing shows gold reserves exceeding 250,000 tons on the property”

It´s huge, very huge very very huge and very huge.

So…

If one ounce = 31,1034768 Grams or 0,0311034768 Kg

And 250.000 Tons = 250.000.000 KG

Then 250000000 Kg of Gold / 0,0311034768

We have 8.037.686.642 ounces

The price per ounce is $597,60

So the value of gold in Manantiales is

$ 4.803.321.537.353 !!!!!?????

OK it’s 1:00 AM in Portugal, I had a bad day and I’m very tired.

Did I made any mistake ???

Probably the 250,000 tons are Gold/Silver-Bearing

TIA

Para os investidores que desejem falar em Português existe este Board:
http://investorshub.advfn.com/boards/board.asp?board_id=7513