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Re: csimo post# 3372

Tuesday, 01/16/2007 1:20:40 PM

Tuesday, January 16, 2007 1:20:40 PM

Post# of 17016
RE: Why would anyone want to reconstruct a mill where there's nothing to mill?


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Revenue calc's from just the Tailings... (not including the old dump resources).


From UCOI's web site, it says: "In addition the old tailings contain 186,000 tons averaging 0.04 opt Au, 3.6 opt Ag with some lead. The old dumps contain approximately 120,000 tons with values in gold, silver, and lead that can easily be up-graded by screening."...

http://www.unicomining.com/investments/2002report.php#2002_deer


Using approx. current prices.........

186,000 x .04 oz. p/ton Gold = $625 x 7,440 oz = $4,464,000.00

186,000 x 3.6 oz. p/ton Silver = $12.75 x 669,600 oz = $8,537,400.00

APPROX. TOTAL POTENTIAL REVENUE JUST FROM TAILINGS = $13,001,400.00








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A must see video clip on the Federal Reserve and the current state of the Dollar...

http://www.freedomtofascism.com/blog/2006/12/michael-badnarik-on-federal-reserve.html


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A must read article on Junior Mining Stocks...
http://www.gold-eagle.com/editorials_05/hommelberg010307.html










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