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Message: Re: some more calculations to keep refreshing our potential...

hey mikx,

25 million ounces should give us $10 a share in the future. But maybe another way to look at this would be;

BOW says with 1 g/t, scaled back, we would have approx 100 million ounces.

If we have bad luck and the anomaly only turns out to have an average grade of .25 g/t, guess what? We still have 25 million ounces in the one anomaly and automatically become classed as a world class deposit when proven.

And again, the rest of the property will undoubtedly add ounces. We just can,t walk away from the average grade in the ounces coming out of the C-1.

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Aug 21, 2011 05:37PM
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