RE:RE:RE:RE:RE:RE:The possibilities Snake, you are referencing profit margin. Profit margin relates to the Mining company who builds the mine, supplies the crushers, heavy equipment and processing facilities + supplies the manpower and infrastructure. Puma is an Exploration Company, they find the gold and sell it to the big conglomerates. The conglomerates pay the Pumas of the world an average $50-$60 an ounce for the discovery. Then Puma is gone and is off to another prospecting adventure. I was told this is the way it works. If you want to calculate profit margin per ounce based on price of gold/cost of mining/Grade/access to roads etc, thats in the realm of the mining company, not Puma. When they break ground for the mine Puma is long gone, paid handsomely for the discovery--but not billions. See Barrick/Freeport etc for that.