http://www.caseyresearch.com/rockCalc.php
plug in 1 gram per tonn gold and look at the dollar value. $44.81
And also see note at the bottom.
| Important Note about Total Gross Metal Value |
close x |
| Please note that the gross metal value should be not be used as a factor when considering investment in a mining company. Gross metal value does not factor in any capital costs associated with bringing a property into production, nor allow for adjustments due to recovery percentages, metallurgical issues (for example, dealing with undesirable minerals), the availability of infrastructure, country-specific mining and taxation laws, reclamation costs and more. Consequently, even a high gross metal value can be reduced to an uneconomic, or even negative, net metal value once all the costs and challenges of production are taken into account. |
