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Tuesday, November 20, 2012 10:09:59 AM
Assuming in the beginning stages that we move just twenty five (25) tons of earth per hour (one ton is approximately one scoop with the front end of a standard backhoe), working a ten hour workday and just 180 days per year due to inclement weather and mechanical difficulties would result in gross income of $18,000,000 per year, from just one claim (nearly 2 1/2 cents per share -- income & 20 cents per share valuation).
In addition to the gold and silver, potentially profitable levels of magnetite (iron ore), palladium and other rare earth elements have been shown to exist in this claim
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