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munky

12/21/09 11:03 AM

#8404 RE: louieforpar #8365

g/t means grams per tonne
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Rocket Rider

12/21/09 12:03 PM

#8419 RE: louieforpar #8365

Let me help you... when you can visibly SEE the gold, that's a pretty good sign! 1 gram = 0.0352739619 ounces * 1100 = $38/gram
So if you multiply $38/gram by the various amounts you can see that is some valuable land we got there! So 202g/ton = $7800/ton
My F-150 pickup truck bed holds about 2 tons if that tells u much.
So for every pickup truck of dirt they haul out they have about $15000 worth of gold in that region... Even in the area with the lowest gold rate they would have $570/ton or $1100 per pickup truck load.