RE:too crazy shabeyernest,
you can just look at gold in ground. not like we can just pick it up and sell it.
1st there is the cost to get into production. it will be in the billions!!! Then we need to look at operating costs. what will they be??? we dont know yet but we do know that it will be expensive given low grade. then we need to know how much of the resource can be eonomically mined. 100%? that never happens......
having said all that, if we get to a production decision should be a multi bagger
ernesto47 wrote: we own 6 mio. ounces of gold in the ground.....calculate 60 mio. shs
outstanding.....means 0.1 ounce per share outstanding....that makes
240 bucks per share.....means 100 bucks net!!!!!!! What the hell this is!!!!!!!!!!!!!!!!!!!!!!