This post will not, unfortunately, help the suffering we are going through.
In the company presentation it shows a chart of NI 43-101 Reserves and Resources.
|
Copper (lbs)
|
MO (lbs)
|
Gold (oz)
|
Silver (oz)
|
|
P&P
|
1,400,000,000
|
91,000,000
|
1,450,000
|
13,000,000
|
|
Other Resource
|
2,880,000,000
|
115,600,000
|
1,390,000
|
11,600,000
|
|
4,280,000,000
|
206,600,000
|
2,840,000
|
24,600,000
|
What if we personalize this?
So if you own 100,000 shares, you only 0.025% of the roughly 400 million shares. Which feels totally insignificant. But those are big numbers on the 43-101, so this means that you have roughly a 1,000,000 copper interest in an (non-producing) mine, plus an additional 710 ounces of gold, and 6,150 ounces of silver.
| |
Copper (lbs)
|
MO (lbs)
|
Gold (oz)
|
Silver (oz)
|
|
Of P&P
|
350,000
|
22,750
|
363
|
3,250
|
|
Of All
|
1,070,000
|
51,650
|
710
|
6,150
|
Now I know that it costs alot to actually get those of the ground but I thought it was an interesting way of personalizing the 43-101 figures.
