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EDDIEHAZEL

08/10/09 10:23 AM

#1517 RE: caprock #1516

so what would be the total cost to get to production, and based on what they have now, how much yearly revenue would they expect. lets assume they pay for the cost in shares at .025 as they did for the property. Then figure out what their costs would be, since the management team would probably need about 75k each, etc.

Can you do that for the board please?

viki

08/10/09 12:03 PM

#1519 RE: caprock #1516

caprock

what is wong with my math and reasoning here:

if TECO market value is $8.79 million and the stock price is $.0191,

I get the outstanding shares to be 460,209,424