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Catalyst Copper Corp. CATXF



GREY:CATXF - Post by User

Bullboard Posts
Comment by zadom1on Feb 06, 2012 5:48pm
176 Views
Post# 19496973

RE: Good volume

RE: Good volume

I was just doing some quick math based off of the last NR and I'm not sure if I've calculated things correctly, it looks as though there's about $13 billion worth of copper,gold, silver in the ground and we own 40% which is $5.2 billion. Here's my math, if it is correct I love it. Market cap of $25 million with $5 billion in known reserves.

354,100,000 tonnes @ .043 grams/tonne = 15,222,000/28.35 = 536,931 ounces of GOLD

354,100,000 tonnes @ 2.3 grams/tonne = 814,200,200/28.35 = 28,719,576 ounces of SILVER

354,100,000 tonnes grading at 0.41% copper = 3 billion pounds

taking $1700 for GOLD, $35 for SILVER, and $3.80 for COPPER you get $13 billion

Bullboard Posts