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CancunCharlie

03/07/11 2:40 PM

#49960 RE: meltinglass #49959

Meltinglass, I am right there with you in total agreement!!

even a cave man knows this is a good investment!

I'm betting that John and Doug already have a rough draft of the PR written. All they need to do is plug in a few figures and then give it to their legal team. Doug can phone in those figures.

PR can come at ANY TIME NOW!

Charlie

tmob

03/07/11 5:06 PM

#49982 RE: meltinglass #49959

Well said. The numbers dont lie. Just the conservative numbers based on having 4 dredges give a 108k gram season.

108000g = 3472troy oz of gold for the season (not counting rainy season)

based on a 190day season that equals 18.27oz a day.

18oz x $1300oz price of gold = $23,400 a day.

The amount earned in one season of mining is about equal to 3 yrs worth of SGCP expenditures.

The fact that we have a 5th dredge, agriculture, diamonds, and reached virgin paydirt soil means this pinky will be more than profitable.

RGI indeed! We are gonna need a few more bank accounts to hold our wads of cash.