TAO Minerals Ltd. (fka TAON)

[marich]

HERE WE GO!!!!!!!!!!!!!!

A $1,000,000 financing!!! Now we are really in business! Now Tao can get El Colmillo upgraded and mining at 100 tons per day or more. Referring back to the PR of June 26, 2007 - "It is estimated that 900,000 oz. of gold could be produced." They also estimated an average ore grade of 10 gpt gold (or better). At 100 tons of ore per day that's 1000 gms. or 35.71 oz. of gold per day. With a $900 gold price and a $200 per oz. gross cost of mining, that's a $25,000 per day operating profit. Operating 300 days a year, that's $7.5 million. Using a P/E of 20, that produces a $150,000,000 market cap and a share value of over $2.50. Step up the processing to 200 tons per day and you have a pps of $5.00+.

None of the above factors in the potential value of Golandrina.

All my opinion.