RE:RE:RE:From a geologist I know, this message
Freegold ventures (FVL) has a MRI of 23 million ozs and is currently valued at $335 million CAD.
True enough but the FVL ounces are at about 1 gm of gold/ton. Mining at Keats or Iceberg may come in at 5-10 times that grade. Some of NFGC rock will be 1 or 2 OUNCES/ton. Or higher. Sine the mining cost is related to tons mined and processed, the margins are very very different with extreme high grades.