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Re: Lojiko post# 781

Wednesday, 02/24/2010 6:10:02 PM

Wednesday, February 24, 2010 6:10:02 PM

Post# of 26631
Let's see if I can make sense of this:

5,000 tons ore/day full production = 200,000 oz/yr.

200,000 oz. X $1,500.00/oz.(2012 Au.)= $300,000,000.00 revenue.

$300,000,000.00 @ 50% Net Profit minimum = $150,000,000.00 earnings.

$150,000,000.00/96,040,121 shares = $1.56/share earnings.

$1.56 X 15 = $23.44/share.

If you are not sitting on at least 50,000 shares sell everything but your gun and your dog...including the wife...and buy some more!
The mine is real...the reserves are real...the government is behind the project 100%...it is 100% owned. Even a blind hog gets an acorn once in a while and this is a real big one!

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