The investment required to fully confirm the Atacama 1, 2 and 3 proven reserves has been fully budgeted on a project management basis and equals $5 million dollars.
Required costs are substantiated for audit and review.
Our investment initiative must focus on a $5 million capital raise over the next year with a first tranche of at least $1 million dollars immediately.
The upside for the confirmation of gold ‘proven reserves’ for the
Atacama 1, 2 and 3 holdings is almost too large to be believable.
An analysis of the ACRL position, similar to the KLG analysis for its new shaft, would yield a proven reserve in the $5 billion dollar range.
With a proven reserve pegged at a more realistic $1 billion dollars, the contribution to the market value of the company would be approximately $1 dollar per share.
Starting with an assumption that the ACRL common shares could end up
valued up to $1.00 per share
because of the proven reserve confirmation, the investor upside is as follows.
The investment offered with this capital raise is to sell the B shares
at the equivalent of one cent per common share with a six-month hold.
The investor, under even a worst-case scenario, should see a significant return in his ACRL investment