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Re: 1option post# 620

Tuesday, 12/21/2010 7:35:48 AM

Tuesday, December 21, 2010 7:35:48 AM

Post# of 2096
As I posted months ago. "The Mining Plan says 48,000 Oz. production per year from the pilot mining program. At a profit of around $1,000 an Oz. it should be no problem paying for the larger equipment. I look forward to news that they are going forward with the pilot program."
With the curent price of gold and there figure of $200 an Oz. to procress
That would bring over $500 million a year. Just 10% of that amount would bring over $4 million a month profit. Doesn't sound like a penny a share to me!