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tmob

03/13/11 3:35 AM

#50272 RE: CancunCharlie #50271

Well said CC. Im game to guess. My estimate is 5200oz. will be in the PR.

This is a very rough estimate based on past performance with a dredge pulling a little less than 197oz in a 6 week period. I'm assuming that only the overburden was dredged during that period.

This guess also takes into account 6weeks mining (never in human history) virgin gravel. Im hopefull that such gravel will meet/exceed the 7x-10x multiple given. If thats the case then I underestimated:)

My estimated share price is a stab in the dark but I'm guessing...........03 cents. I wouold also love to see the P/E multiple exceed 10!!!

Austin1

03/13/11 6:05 AM

#50274 RE: CancunCharlie #50271

If we're collecting info, we should add how many shares each of us has...this will show how much combined authority and power this site has. I got 16M, but will need to put more thought into the mining results.

speculator777

03/13/11 5:03 PM

#50284 RE: CancunCharlie #50271

Heres my guess.

8oz/month off season

7-10X off season results per dredge. I will say 60 oz. of gold per dredge/month.

December 1.5 dredges going, so Dec = 90 oz.

January ? of dredges going due to moving dredges I will say 3.5 average Jan = 210 oz.

February 4.5 dredges going(counting a little maintainance downtime) Feb = 270 oz.

March same as January. Mar 270 oz.

End of March total 840 oz.