From another DD board...here is a Skull Valley Property Potential Valuation Table (OF COURSE the only data that should be considered official is the data released in official company audit or PR's.)
Precious Metals Ounces Per Ton Tonnage Spot Prices (6/28/2006) Valuation
Gold 1.24 362,000 $584.39 $262,320,983
Silver 1.59 362,000 $10.31 $5,934,230
Platinum 5.26 362,000 $1,192.00 $2,269,711,040
Palladium 0.4 362,000 $314.00 $45,467,200
Osmium 10.41 362,000 $400.00 $1,507,368,000
Iridium 8.15 362,000 $400.00 $1,180,120,000
Rhodium 1.63 362,000 $4,875.00 $2,876,542,500
Total Value all Metals = $8,147,463,953
Total Value all Metals on 5/15/06 $8,799,887,539
Total Tons 362000
Notes about this Table:
-These figures are based on Heter Report on Skull Valley Property during 2002 which was made available to the public pre NMCX self imposed quiet period.
-Total Value all Metals number is a raw number and does not include extraction costs or potential discounts offered to buyers of ore.
-Tonnage used was 362,000 tons. This number is based on Heter Report 2002 which indicated at least 500,000 tons of ore concentrate. I took out 137,939 tons which were indicated to be sold for a total of $500 million dollars in a PR dated 12/22/2004. Could not use tonnage under contract because that contract is based on older spot prices for metals. Prices have increased significantly over the last year.