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Re: M_T_Pockets post# 23783

Monday, 09/12/2011 2:39:10 PM

Monday, September 12, 2011 2:39:10 PM

Post# of 67010
All in good time! Consider this:

Management also restates the gross dollar value of the gold produced from the Pride of the West Mill. At 0.35 ounces of gold per ton, and a price of $1,400 per troy ounce, that represents approximately $500 million in gross value, and at 0.8 ounces per ton, gross value of the gold would be in excess of $1 billion; not to mention the cost benefits of backfilling and potential reprocessing.



At $1800 an ounce, the gross dollar value of the gold produced from the Pride of the West Mill equals $ 1,285,714,285!!
Let's get to milling.

GO CGFIA

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