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Re: PoemStone post# 11951

Tuesday, 03/01/2011 9:26:12 AM

Tuesday, March 01, 2011 9:26:12 AM

Post# of 60230
POEM--I know, but if we suppose, for example that SUGO really does have the estimated 2 Million ounces of Gold (or more) that means for each dollar that GOLD rises, SUGOs mineral value goes up $2 Million, just for the GOLD. So if GOLD should rise $100/oz., SUGO's theoretical claim value, for the GOLD only, rises $200 Million. This is why I think every dollar of GOLD's move is important to SUGO.
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