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Re: Bobwins post# 5939

Tuesday, 09/29/2009 11:41:17 AM

Tuesday, September 29, 2009 11:41:17 AM

Post# of 7631
Bob,
Maybe I'm doing something very wrong but the way I read the release is that they are processing 100 tons a day now and are projecting $200-$250 per ton revenue, "after operating costs". Now that equals 100 x 225= 22,500 x .95 = $21,375 per day. What am I doing wrong? The silver alone is 309g per ton which equals about 10 oz x 16 x 100= $16000 per day.

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