Replies to post #6 on U.S. GOLDMINING CO. (fka USGL)

[SPARK]

Don't have a clue..did pretty good... :)))

[Jeff K]

I did some quick math. The potential is 1.2 million ounces. If the cost of recovery is $150 per oz., then the stockholders equity would be $11 per share. That's assuming $300 per oz. net, and doesn't take into account any other startup costs.