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Regulus60

06/11/10 11:01 AM

#60857 RE: hotdog1012 #60850

Exactly!! The work and Expenses to prove Up and MINE the Property will be done by VALE!!

KATX Collects 20% for ownership!!

Some need to re read the News today and this Post

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=51187568

YIKES!!! $46 million per year for KATX.

That is like drop dead crazy, we'll see!!

:-)

Link back for math!!




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Defuser

06/11/10 11:02 AM

#60858 RE: hotdog1012 #60850

According to your math, that would be an annual revenue of $464 Million to $812 Million dollars. That would be $3-$6 a share, just for Lucky. I used a 6 multiplier.