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2create

05/29/06 1:40 PM

#11407 RE: snow #11406

Say what? Snow....no disrespect, but do you have any clue as to how a commodity-asset-reserves'-based stock is 'Valued' in the publicly-traded market...Particularily in the Gold industry...As it relates to P+P OZ AU reserves?

...perhaps you need to read the comparative In-Depth Gold Stock Report linked above in the I-Box, performed this past Febuary 2006 as it discusses 'In DEATAIL'...this very topic! ;)

Then 'After' your broad knowledge has been expanded accordingly, please come by again and re-visit this very statement of your own. ;)

...Then click below to address the explanation/clarification of the very-same area of the website you questioned.
http://www.investorshub.com/boards/read_msg.asp?message_id=11327882


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dreaminofsailin

05/29/06 4:44 PM

#11411 RE: snow #11406

What kind of math are you useing? It works out to ten times the Market cap by my math. 14 tons of Gold is worth over 218,000,000 comapared to a $23,000,000 market cap. 14 tones = 28,000 pounds times 12 troy ounces per pound = 336,000 troy ounces of Gold at $650 per ounce is $218,400,000

With AURC at just at .22 thats almost ten times. Can you explaine your math? Perhaps I made an error?

Dreaminofsailin