Monday, August 12, 2013 1:43:58 PM
Do you happen to have a copy of the report? I haven't found it on the official website or anywhere else but I'm still looking.
This is what Jota holds at $1600/oz
This is what Dr. Decosta claims ADL holds. Yes, there are other metals but lets just compare gold for now.
Even at $1600/oz, you are only looking at $1.15 Billion in gold. If you add the 6.5 million oz of silver and the 180 million pounds of copper (I'm using today's prices) you only add an additional $733.2 million.
So a property with an estimated value of $1.88 billion (I'll give you $2 billion to make the math easy) is the flagship property even though it holds only a third of what Jota holds? Shouldn't JJ be investing all his resources into getting the gold out of Jota rather than ADL?
Malitia
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