Welcome To the WIN!!! St. Elias Mines HUB On AGORACOM

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Message: bad math!

My previous post had bad math. The numbers I presented would have equated to $19.23 a share. I should have used $100 buyout per ounce price to arrive at the $2 per share.

Thanks to the poster that alerted me to my mistake.

Note; the average buyout price per ounce of gold is much higher than $100 per ounce, isn,t it? ha ha

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