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Re: None

Tuesday, 01/10/2012 10:48:52 AM

Tuesday, January 10, 2012 10:48:52 AM

Post# of 83082
Let's convert this info into ounces. That's the unit that makes sense to me because I know that gold is selling for over $1600 an oz. I have no idea how much a gram of gold is worth.

If I'm reading this PR correctly (and I'll be the first to say that maybe I'm not) then AFTER we've already pulled out all the gold we can, there is 18 - 170 grams per ton of gold left in the black sands.

That converts to 2/3 of an ounce for the 18 grmas, to 6 ounces of gold for the 170 grams. 6 ounces of Gold is about $10,000!

I know it takes a lot of time and work to get a ton of black sands, but still thought this was interesting.

Charlie