RE: RE: RE: RE: RE: RE: re. gold n silver are up bMaybe it's because it's too early in the monring, but I'm not sure what you mean here......why would our inferred drop to $18/oz within a week?
I believe the $45.00 / ounce calculation was based on the 2007 1000000 ounce 43-101. ($50,000,000.00 share price divided by 1 million ounces). I suspect the new 43-101 (due within two weeks) will at least raise the inferred 1 million to indicated as well as add another 2 million inferred (including equivalent silver) based on the last two years of drill results. This would actually calculate ($50,000,000.00 share price divided by 3 million equivalent ounces = actually $16.00 per ounce). assuming it is only 2million ounces indicated and inferred (equivalent) it would still be $25.00 per ounce, and on the basis of their drill results I suspect $16.00 per ounce would be closer to the truth.-----------------Pls. correct me if I am wrong.