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Royal Nickel Corp. RNKLF

Metals & Mining Industrial Metals & Minerals


GREY:RNKLF - Post by User

Royal Nickel Corp. > Quick math...let's
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Comment by mojo12345on Sep 24, 2018 1:11pm
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Post# 28678469

RE:Quick math...let's

RE:Quick math...let's
aerialview wrote: The 815 kt ( iam assuming ,000's of tones?) x Kevin's estimate of 5 ounces per ton....

30 grams  per ounce = 600 grams/ton.  (Have anyone ever done this?)

600x 815 = 489,000 grams x1000tons= 489,000,000 grams!

Or 16,300,000 OUNCES OF GOLD,!

X 1000 usd/ ounce(roughly) = 1.63 BILLION$$$$$$$$
this is based on 2 year old info!

Now add today's news......

rough math disclaimer.   I failed grade ten math....

someone please correct me if me if I am wrong.

ps. This is my LOW estimate...
G

Thats what i said from the begining 'dont be surprise if there is 15-20M ounces of gold here!!
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