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Re: vinchenz post# 127782

Friday, 04/15/2011 3:29:21 PM

Friday, April 15, 2011 3:29:21 PM

Post# of 131532
I'll take it that you didn't read the report. On page 5, Section 1.0, (yes, that's the beginning) the report states that there are 56,115 ounces of proven reserves. On top of this, there are inferred reserves and resources as well as other exploration targets.

As of right now, gold per ounce is $1,486.30. That means there is a minimum of $83,403,724.50 worth of proven gold reserves in the ground.

Just FYI, gold is in the ore, which is in the dirt.

Oh yeah, Go INIX! :)