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Re: benny7439 post# 40880

Tuesday, 12/14/2010 7:40:11 AM

Tuesday, December 14, 2010 7:40:11 AM

Post# of 173290
This is based on 1 pebble, you're ignoring the potential other 5 porphyry signatures similar in size as pebbles. Multiply your number with 6 and you get a more realistic and still conservative rough price calculation. You could also detract 10% depending if we get a 60/40 or a 50/50 JV.
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