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