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Re: nvestn4newshooz post# 29476

Monday, 02/16/2009 2:26:45 PM

Monday, February 16, 2009 2:26:45 PM

Post# of 42763
Thanks for working out the math. The number should be higher than a 50/50 split since I believe it becomes 50/50 after the cost of the proceesing plant etc. is recovered. Is that anyone else's understanding? Also the number you cite can be doubled if they ever do reach maximun production and recover some gold ? It would be nice if the company could some how confirm its objective for this mine? Perhaps that is the real reson that the consultant was hired. His estimate as to the eventual value of the Escala will obviously more meaningful than the companies estiamte which may not be accepted as unbiased. I think a two week periosd should be sufficient time for the audit.