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pepeoil

07/08/16 11:54 AM

#60725 RE: tk88 #60707

WRONG AGAIN.

Hope this helps, In their PR, the estimated economic benefit from the site, after accounting for Royalty, reclamation, and loss,has been estimated at a net value of approximately $2.7 billion. ROTLMAO. 2.7 bbbbbbbbbbbbbbbbbiiiilllion


July 28, 2015 16:22 ET | Source: CGrowth Capital

SILVERDALE, Wash., July 28, 2015 (GLOBE NEWSWIRE) -- via PRWEB - CGrowth Capital, Inc. (OTC Pink: CGRA) (the "Company") is pleased to announce preliminary results and net valuations on its magnesium dolomite reserve. Taking into account the physical characteristics of the site, water tables, and anticipated mining expenses, the immediate probable mineral reserve has been set at 63% of the initial survey reserve of 505m cubic yards – which calculates out at 420m tons of material – significantly exceeding initial expectations. The estimated economic benefit from the site, after accounting for royalty, reclamation, and loss, has been estimated at a net value of approximately $2.7 billion.

https://globenewswire.com/news-release/2015/07/28/755778/10143556/en/CGrowth-Capital-Inc-Announces-Preliminary-Net-Valuations-on-Dolomite-Reserve.html