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Message: Re: OVOID
5
Feb 17, 2011 07:01PM

I'm going to reply to my own post. I want to make sure people see these numbers, and the conservative reality to them, and the HUGE potential we have on the Tesoro!

If you go back to my last post (OVOID) the $ figure came out to $10.49 Billion @ 2g/T for the OVOID only! I only calculated this due to the fact that $500 Million was mentioned for the OVOID, and that does seem like lots of cash, however, you see it's not even close to what the OVOID would be worth.

To make it even more conservative, assume there is only 1g/T, and you use the OVOID formula (automatically scales it by half):

10.49 Billion /2 /2 = Still would be $2.62 Billion just for the OVOID!

This Tesoro property is Amazing!

BOW2U

4
Feb 17, 2011 09:41PM
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