GC Claims have Rubidium values upo - 0.35%
2200 lbs in 1 tonne
0.35%
= 7.7 lbs. /. tonne
Recent spot prices for rubidium metal have ranged from
$36.00 per gram up to US$130.00 per gram
(US$1080 to US$3640 per ounce)
depending on purity For shhh and giggles, i decided to crunch some numbers...
Press stated higher grade values shown in chart were at surface.
20m X 20m x 20m x 2.6 ore weight
Real small deposit
20,800 tonnes
x 0.35%
= 73 tonnes Rubidium Tonnes - ( rounded )
I'll now use middle of road value of -
$2,000 usd / oz Same as Gold's current spot price
Since Rubidium is also sold in ounces, just as gold.
LET'S NOW ASK.... How many ounces would there be in, 1 tonne ?
1 tonne of all Rubidium ?
How about 73 tonnes of Rubidium ?
Yeah.... try that calculation....lol
I think i'm beginning to ( love ) Rubidium.
Tease.
To think....
- Mineralization right at surface.
- Would only need a small deposit to hit really big
I searched again for Rubidium photos online...
Rubidium is seen in grey rock and iron formations.
So.... i checked MGX's photos again,
That
rosey blush hue is present in borh,
iron + grey rock contact zones....
Ho, ho, ho....!
Shiver me timbers....
I think i'm actually getting excited....
Let's hope they don't just focus on the white pegs,
but also... grey and iron contact zones...
Bring it on...
If..... GC claims brings it home with Ree's... sizable intercepts...
I just might say.... mgx is redeemed.
I should've researched Rubidium sooner....
Who would've thought it's so expensive.
Cheers....