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Re: Tgarfield2 post# 126946

Sunday, 12/16/2018 10:22:39 AM

Sunday, December 16, 2018 10:22:39 AM

Post# of 227125
If you find sources that say that BZA had $800,000,000 of gold then it proves that $800,000,000 of gold in the ground is worth a $19,000,000 sale price.

Consider that that you net $200,000,000 of gold from that over 30 years at a 8% interest rate compounded annually which are broad approximations.

Using a time value of money calculator gives a present worth of -19,875,466.51. You would get less than that since that is the breakeven to the buyer.

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