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Z06 MAN

04/19/11 7:43 AM

#1415 RE: deepsea104 #1414

Deepsea, Your right the company is very undervalued at this point. I'm not sure about the cost of the current method of mining they have chosen. I also miss Pat Gorman. Your right, if he were still on the air we would have a better idea of what's going on.

deepsea104

04/19/11 8:16 AM

#1416 RE: deepsea104 #1414

Lets see 150,000 M3 processed in 6 month = 833 M3 per day X 160 CM AU per M3 (a wild guess) = 133,333 MG divided by 31,100 MG per Troy Oz. = 4.29 Oz per day X $14500 per Oz. = $6,220 per day. Please check my math then have a nice day. deep