OTCQB:GTAGF - Post by User
Post by
99921on Dec 29, 2007 5:35pm
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Post# 14132699
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ShowingMicky: A few questions from someone not well versed in the mining business. I believe GOG has 45.9 million shares o/s and its share of the San Diego deposit stands at about 21 million ounces of silver. I think I have seen posters who place a value of $2 per ounce on silver in the ground. Would this not indicate a value to GOG of the San Diego silver at about $0.89 per share? I understand that there is a good chance that ECU will make provision in its processing plans to enable mining and processing of this deposit. Is there not a potential for GOG/ECU to add to the San Diego resource and then exploit it through the planned ECU facility? Your input would be welcomed.