Replies to post #172459 on Fortress Financial Group fka FFGO

[Texan77]

What does the future hold for this gold deposit? While a gold deposit this big will take a substantial amount of work to turn into a large proven reserve, this should be a simple and straight forward effort if the drill programs focus on the core deposit, rather than concentrating on peripheral areas. The core deposit may be visualized as an inverted "V" with the Little Butte underground mine near the apex, the Little Butte open pit, Flat Fault mine and Blue Slate mine along the left leg, and the Airfield deposit at the bottom of the right leg. If, as we believe, the entire area of the inverted "V" turns out to be a mineable open pit resource this would be a far larger gold deposit than the 1,000,000 +/- oz Copperstone, and may be closer to the 10,000,000 oz size of the Mesquite mine, which is another detachment fault deposit in California.
http://www.globenewswire.com/newsroom/news.html?d=107546

10mil oz au x $350= $3.5B
$3.5B x 23% (ffgo share 23% bouse) =$850,000,000.00
we got $250mil = .0035 so 850mil /250mil= 3.22
3.22 ratio x .0035 divi= .01127
.01127 x .7 or 70% =.007889
.01127-.007889= .0034 see 70% undervalued at $350 inground value based on Dr Collistons report


thats the numbers