high grade gold & moly

15 Gold properties & 1 Molybdenum resource - Beardmore & Geraldton, N/W Ontario.

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Message: lets look at the numbers

lets look at the numbers

posted on Jan 14, 2008 03:11PM

mr.Bevan says about 300,000 ozs at northern empire at .35 cut off

1 million to drill contact zone

1 million to drill phase 2

10.3 million to open mine and mill

assume 200 million shares

numbers

300,000 oz x 900 dollars oz = 270million dollars

270million/200million shares = 1.35/share

possible 100,000 shareholders at 2k shares each

every shareholder puts in 100 dollars themselves thats 10 million

company pays dividend to original people of 85.50 /yr over 8 years.

now lets get going.

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