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alaskacobalt

09/20/10 11:58 AM

#441 RE: blademan #439

There was an estimate of $3 billion worth of gold at one of their sites, but honestly I think that is a bit high. I'm not totally familiar with gold but if there was $3 billion in a single site then I would imagine there would be MANY more companies expanding into gold exploration. We'd see a lot of major companies throwing in money to make it happen. But even if it was really only $500 million that would be a pretty good chunk of revenue for the company. I just don't know what is considered good or bad with gold stocks. I'm still learning that aspect of it.