News Focus
News Focus
Followers 41
Posts 2455
Boards Moderated 0
Alias Born 08/24/2005

Re: Infinitygold post# 72392

Tuesday, 02/24/2009 11:47:04 AM

Tuesday, February 24, 2009 11:47:04 AM

Post# of 221984
Tufan123 - your math is off. 1 million tons of gold at .16 oz a ton =

.16 times 1,000,000 = 160,000 oz of gold

160,000 oz times $1,000 an oz = 160,000,000 dollars


160 mil dollars for 1mil tons mined at .16 oz gold per ton.
fyi

Chas56789

=============================================
Posted by: Tufan123 Date: Tuesday, February 24, 2009 10:08:17 AM
In reply to: Vianna who wrote msg# 72390 Post # of 72420

Hey Viana...great news:

0.16oz/ton if they process 1 million ton thats equivalent to 160 oz of gold multiply by $1000/oz thats equivalent to
$160, 000.00 not bad at all.

Plus more drilling to come........Drill baby drill

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today