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Re: stervc post# 38463

Tuesday, 01/03/2012 12:14:01 PM

Tuesday, January 03, 2012 12:14:01 PM

Post# of 112299
The key is to have enough data for one claim with good enough data to venture forward to see what’s there if its potential warrants such. They have this with the WOW Claims.

No they don't. They have one assay. They need to do a bunch of augur drilling, then testing, to determine where to dig.



Known Variables for Deriving a Valuation Range
** WOW claims consist of 120 acres.
** No more than 5 acres per bond per Small Scale Mining Operation.
** Up to 120 ÷ 5 = 24 Small Scale Mining Operations can be done on the WOW claims during one time.


Read again...only five acres per year. And no mechanized equipment means this can only be a mom and pop size operation.

So, all your nicely detailed work about potential valuations are just words on paper.

Given what it known about this podunk start-up wannabe operation, it has little chance of ever achieving a valuation of even a penny or three.