GREY:MAOMF - Post by User
Post by
dbcaron Jan 31, 2008 1:17pm
194 Views
Post# 14297696
In Situ Gold
In Situ GoldAs of Jan 22, Cannacord"s average of in situ Au price stood a $88.24 /oz
Mao
16,856,881 fd @ $1.05 = $17,699,725
-$4,750,000 cash (guesstimate)
$12,974,725 / 524,000 oz
= $24.76/ oz
This is also high grade (20gr/tonne) at shallow depth, in a very safe jurisdiction. WTF?