InvestorsHub Logo
Followers 5
Posts 822
Boards Moderated 0
Alias Born 12/03/2010

Re: crazyjogger925 post# 43659

Saturday, 04/16/2011 6:02:58 PM

Saturday, April 16, 2011 6:02:58 PM

Post# of 51626
You are correct. PRMO is junior mining company. 5 years reserve:

250kg/month x 12 month x 5 year x 32.15 oz/kg = 480,000 oz

Inventory @ ~10,000kg x 32.15 = 320,000 oz

Total gold bearing material is 800,000 oz. We are small potato as compared to senior mining company.