InvestorsHub Logo

useeker

07/13/06 6:27 PM

#3837 RE: Tackler #3836

Quite right you are Charmane.

This is the problem with mixing metric and Imperial units.

Ballpark 1% U3O8 = $1000/tonne value

Ballpark equivalent = 1.667 ounces Au/tonne (51.8 grams

My original 25% U3O8 = 41.25 ounce per tonne Au would equate to 1% U3O8 = 1.65 ounce/tonne (41.25/25)
also 1% = 51.2 grams/tonne Au

Just like tackler's rebuttal.

Good stuff.