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Re: WhiteSahara post# 743

Monday, 01/23/2006 10:45:18 PM

Monday, January 23, 2006 10:45:18 PM

Post# of 115222
airdale1,

"told him I valued the base costs at $400 per ounce and anything above that as profit. Also mentioned that I felt $70,000,000.00 in net profits were probable and he said base costs were lower, said to do my math,"

Cost of $400 per ounce does seem high. Did he mention how much lower the base costs would be? I would figure $275 to $350....Time for more DD

Thanks.