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Northstar Signs MOU to Mine High Grade Zone 2 at Cam Copper Mine (click to learn more)
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Tamerlane Ventures Inc. V.TAM

Metals & Mining Industrial Metals & Minerals


TSXV:TAM - Post by User

Tamerlane Ventures Inc.
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Comment by Aubaggeron Jul 18, 2009 8:25pm
531 Views
Post# 16148604

Is my math correct?

Is my math correct?For practical purposes, lets assume lead and zinc sold at the same price of $0.50/lb. TAM has a proven and probable resources of 7,790,271 tonnes or 8 587 303.84  short tons at  (3.01+ 6.16)=9.17% combined Pb&Zn which will give us 1,574,911,370 pounds of combined metals or USD787,455,685. And this is not considering additional measured and indicated resources of 10M. Seems like a good time to buy in for a long term investor.
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Dealroom for high-potential pre-IPO opportunities
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