GREY:RNKLF - Post by User
Comment by
DaMan15on Sep 26, 2018 11:54am
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Post# 28693406
RE:15.5 billion $ only from gold deposits
RE:15.5 billion $ only from gold deposits BullishMarket wrote: https://www.youtube.com/watch?v=cxE45byy3sg&feature=youtu.be&t=0 here he sais this could be 1 000 000 ton and with 10 ounce per ton and the price is 1550 CAD for 1 ounce.
That is 15.5 billion $
Yep, operating costs would need to be factored in, but it is possible. Now I think Mark was being conservative when he said 5-10 oz per tonne. Try running the numbers with 15-25 oz per tonne. It gets very interesting very quickly.