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eik

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eik

Re: eik post# 2240

Monday, 05/16/2011 10:49:55 AM

Monday, May 16, 2011 10:49:55 AM

Post# of 2299
According to Russian geological sources the deposit contains about 5 tones of gold and 15 tones of silver, both are by-products in this case. So, counting only the value of "by-product" (I used $1K/oz for gold and $30/oz for silver) we will get about $2+ per share value of reserves. And it's nothing comparing to the value of rare minerals - the main target of future production.
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