Replies to post #16103 on Green Leaf Innovations Inc (GRLF)

[muaythai]

Hi Jufel , $800 was used because they need to establish a realistic bottom for their feasibility study to satisfy the US Forestry Service in order to get the proper permits to start operations. Realize my friend that gold is no longer tied to the US econemy and the dollar as it was in the past. Every bank and investor in the world is looking for a buying oppertunity into gold or a good mining company. Gold has established a rock solid bottom of $925/oz in the last 60 days.
To #2 Question , I found the reference to the news at the Sovereign Societies news letter only this morning. I'm a low tech redneck , so any help substantiating this is appreciated.MT

[muaythai]

Oh , and in reference to full , or discount price. Native gold is rarely over 17 carat. So they get a percentage of spot which is the price of 24 carat gold. IE: I was getting 80% spot for my small gold. But I got 200%-400% for nuggets because of the jewelery and colectability of "specimin " gold. But we're a mining venture , so look for the company to do a PR about a lab to refine our production to 24 carat to be sold as such. This is a great indicator of a real gold mining company. I can refine mine to 23 carat and sell it to investors as such by simply melting it , and slowly dribbeling the molten gold/amalgomate into a bucket of cold water. The gold solidifies at a given temp., the silver solidifies at another temp , and the other metals follow suit. All that is needed to do after this is seperate the different meatls in a gravity jig , or shaker table. Then smelt then into ingots.MT