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fung_derf

11/26/13 11:26 AM

#50679 RE: Spanky227 #50678

If we assume 170M shares and profit of $600.00 per ounce, assuming gold is still $1250.00/oz, on production of 24,000 ounces in a year we get $14.4M profit or .085/share.



So your entire valuation is based totally on assumption. Is this any way to invest? How about this, assume 1 billion shares and gold at $1250 and zero production. What's your valuation now?
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wacalahan

11/26/13 11:44 AM

#50684 RE: Spanky227 #50678

Sometimes SILENCE is respected more than BROVADO, especially when shareholders want to SEE GOLD !!!! Stop insulting their Intelligence

JOHO