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wingtrade

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Alias Born 09/20/2011

wingtrade

Re: lmcat post# 10995

Thursday, 10/13/2011 3:14:20 PM

Thursday, October 13, 2011 3:14:20 PM

Post# of 27472
The problem I see with your math is how many shares are you basing it on?

I was pretty clearly basing it on 550 million free trading shares.

Does anyone know how many shares are O/S or in the float??


It doesn't matter since I assumed for the purpose of the calculation that all authorized shares were free trading.

Do you know the cost per gram to produce that gold?


No I don't. For the purposes of the calculation I figured 'cost effective' to mean a 33% production cost.

What does anyone really KNOW?

It was a hypothetical answer to a hypothetical question.
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Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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