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Re: meltinglass post# 49959

Monday, 03/07/2011 5:06:08 PM

Monday, March 07, 2011 5:06:08 PM

Post# of 83075
Well said. The numbers dont lie. Just the conservative numbers based on having 4 dredges give a 108k gram season.

108000g = 3472troy oz of gold for the season (not counting rainy season)

based on a 190day season that equals 18.27oz a day.

18oz x $1300oz price of gold = $23,400 a day.

The amount earned in one season of mining is about equal to 3 yrs worth of SGCP expenditures.

The fact that we have a 5th dredge, agriculture, diamonds, and reached virgin paydirt soil means this pinky will be more than profitable.

RGI indeed! We are gonna need a few more bank accounts to hold our wads of cash.