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Tuktu Resources Ltd V.TUK

Alternate Symbol(s):  JAMGF

Tuktu Resources Ltd. is a Canada-based junior oil and gas development company. The Company is engaged in producing oil and gas properties in southern Alberta. The Company’s assets are located in southern Alberta consist of 29,685 gross hectares in southern Alberta near the Foothills County. The assets have a base production of approximately 165 barrels per day (bpd).


TSXV:TUK - Post by User

Bullboard Posts
Comment by kosmos1on Sep 18, 2011 1:26pm
144 Views
Post# 19055339

RE: RE 500 000 000 000 tonnes of ORE!!!!

RE: RE 500 000 000 000 tonnes of ORE!!!!
500 m  ton at .3% grade = 7 lbs per ton or 3.5 billion pounds at say 10 cents a pound or $350 m or $5.00 a share 
 
realistically low end
 
300 m  ton at .35% grade = 8 lbs per ton or 2.4 billion pounds at say 5 cents a pound or $120 m or $1.70 a share
 
high end
 300 m ton at .4%  grade = 9 lbs per ton or 2.7 billion pounds at say 10 cents a pound or $270 m or $3.00 a share
 
copper eq. may be high depending on copper/gold/silver/moly prices
 
Nobody has given me numbers so this isn't factual but in my research this is what I concluded could and should happen if we ever get a 43-101 from Isintok
 
so if we look at the potential announcement  50,000 to 110,000 tonnes add three 000
 
100m ton  at .3% grade = 700,000,000 lbs at .05  pound = $35 m or 50 cents a share                                                                                                                                                       .10  pound = $70m  or $1.00 a share
 
my thoughts only hopefully we get to were we want to 
if you add the worth of all  properties maybe we get a magical  number 
Isintok
Macfarland 
Irony
Sawyer 
Faith
gold spin off what ever that means
we should realize a good return   
what your number


the ranges of  tonnages ,price per  lb, and copper eq will vary but combing all properties we should be worth something way way north of  17 cents
Bullboard Posts