Replies to post #11555 on US Precious Metals (fka USPR)

[Jet Man]

Didn't Dr.Berry just return from Hong Kong where he was the keynote speaker at a Investment Seminar?

[Student of the Game]

I think this article is also of interest although from a couple of months ago.........
http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/chinas-largest-gold-miner-looks-to-partner-with-barrick-newmont/article19213109/

[optionsexpert]

Well.... If the rumors are true we potentially have an asset or maybe even part of an asset Mr. Hunting is searching for.

"At least 50 tons"

1 ton = 32,000 oz

32,000 * $1200 (gold) = $38.4m

$38.4 * 50 tons = $1.92b

We better have that


Question will be the density of 5g per ton