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
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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