Universal Apparel and Textile Co. (DKGR)

[back2basics]

I think the full report on the March 11 sampling was expressed in PPM to not make obvious just how far below the high value of .47 oz / ton the missing 30 values were. I don't ever recall a mining company expressing precious metal values in parts per million. Please don't claim that that's how the Lab chose to express the values. They put them in the format the client requests.

Here's how I converted the PPM to oz / ton. I assumed the high PPM value of .013 was the high oz / ton value of .47. I then averaged the 30 lowest values. I came up with a .0045 PPM avg.

.0045 is 34 percent of .013. Therefore, the average oz / ton of the 30 low samples is .47 oz / ton x .34 percent = .16 oz / ton. I've said before, the highest value of a sampling is meaningless. What a miner is looking for in evaluating a property is the average oz / ton value.

Now the board can check my math, not my long suit. Please be honest with yourselves. Aren't you all interested in the average oz / ton value of the sampling?