RE: Back of the napkin as to what we have now i took the average of the depths and came out to 221.6 metres deep of graphite mixed in the rock.
200 x 125 x 221 =5,525,000 m3 x 2.8= 15,470,000 tonnes of rock of which 5.1% is carbon.
that gives us 773,500 tonnes of carbon worth ??? ( i will use 6000 per ton..figuring we should get 9 or 10 but allow for expenses)
773500 x 6,000=4,641,000,000.00 canadian dollars.
even if they blow 2 billion to develope a mine there is plenty of cash left.. and this is not counting any other
pipes of which we know there are at least 2 more.
wwe can do this all day but the bottom line is the boys that dumped their 600,000 shares last friday at 1.95
got "lucky"???