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Re: benzdealeror2 post# 82778

Friday, 12/07/2007 1:27:25 AM

Friday, December 07, 2007 1:27:25 AM

Post# of 115222
actually that is 66000 ounces of gold , gold is measured in troy ounces and there are 12 troy ounces to a pound. 2500kg x 2.2 x 12= 66000 x 800 =52900000 - production costs of say 30 % equals 36960000 / by 360000000 shares is .1026 per share profit, times the industry average P/E of 39.5 is 4.05 cents a share add in a dollar for resources , this should be trading at 5 dollars a share, all it takes is audited financials and an uplisting to at least otcbb and were there.