RE:I broke the calculator.Just for the record...no calculators were broken. That's just scientific notation...
20 million US tons = 5.83 E+11 troy ounces = 5.83 *10^11 troy ounces = 583 billion troy ounces.
Multiply that by $1342.2 (price of gold per ounce at this time): $782 trillion.
That being said, we've already been down this road fellas. This is a waste of time exercise as they have no intention of producing gold from sea water any time soon. Period.
p.s. Nuthouse (and anyone else using number on here): keep in mind that ALL numbers need units. When you said, 20 million US tons = 6.4 E+11, my first thought was, "What the hell is that number's units...this is completely meaningless." Just something to keep in mind.
Looks like a good day guys, Ucore back over $0.40.
Cheers,
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