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Re: None

Monday, 08/04/2008 6:52:05 PM

Monday, August 04, 2008 6:52:05 PM

Post# of 2151
The value of the claims :

If we got minimum 24 000 acres :

'involves more than 24,000 acres of mining claims'

Minimum value :

24 000 x 70$ (maybe) each acre = 1.68m $

16.2m (outstanding shares) x 0.10 (share price) = 1.62m $

The answer is this:

THE MINIMUM PRICE PER SHARE IS 10 CENTS. ALL BELOW IS UNDER THE MINIMUM VALUE.

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