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Monday, December 27, 2010 1:00:01 AM
Our first PR announcing the first month of production will include X amount of ounces of Gold????
Well, using John's conservative estimate and adding a little because it was after all, conservative, I'm guessing we'll bring in at least 300 pounds of gold THIS YEAR. If our mining season is about 6 months, then that is 50 pounds a month. There are 12 TROY ounces in a pound, so 50 x 12 = 600 troy oz of gold per month.
600 x 1400 per oz = $840,000 JUST IN GOLD. (some may argue that the $1400 per oz is just a little high, but I haven't even said boo about the Diamonds.)
So this is ALL on the low side as far as estimates go and we're already talking about gross income of over a million bucks per month!
Why would ANYONE sit on any powder when you can STILL buy 4 shares for a penny RIGHT NOW??
Go Get 'em!
Charlie (powderless)
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