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Jeff K

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Jeff K

Re: Raiders post# 6

Tuesday, 08/16/2005 11:23:55 AM

Tuesday, August 16, 2005 11:23:55 AM

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I did some quick math. The potential is 1.2 million ounces. If the cost of recovery is $150 per oz., then the stockholders equity would be $11 per share. That's assuming $300 per oz. net, and doesn't take into account any other startup costs.
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