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Re: None

Thursday, 12/16/2010 6:05:48 PM

Thursday, December 16, 2010 6:05:48 PM

Post# of 664
Possible evaluation of the JV between Marathon Gold Corporation (MOZ-TSX) ("MGC") and New Jersey Mining Company (OTC:NJMC) ("NJMC"); from PR:

"......* the Golden Chest Mine has a mineable underground reserve totaling 39,659 gold ounces, which is SEC compliant...."
@ today's Gold Price: 1366.33x39,659 gold ounces= $54,180,142.85 US

Market Value1 of New Jersey Mining Co. (NJMC) $9,016,951 a/o Dec 15, 2010. Looks like lots of potential for Price per Share movement.

"http://www.otcmarkets.com/stock/NJMC/quote";

Now to get it out of the ground........hopefully this joint venture will do just that....
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