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willhub

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willhub

Re: Drillbit post# 32771

Wednesday, 03/02/2005 11:19:58 AM

Wednesday, March 02, 2005 11:19:58 AM

Post# of 45567
NMCX: Any idea of what they might have to claim that valuation?

Works out to $3624.00 per ton for 137,939 ton. Maybe a couple of carloads of material. And the company who purchased has to process so I would think that it has to be worth at least 50% added to the price they paid.

In any event a half billion dollars for a couple of carloads is way out there. It will be interesting to see just what minerals are included in this concentrate.

Thanks
Willhub

"Life is tough. It's tougher if you're stupid." - John Wayne

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