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Bullboard - Stock Discussion Forum Douglas Lake Minerals Inc DLKM

GREY:DLKM - Post Discussion

Douglas Lake Minerals Inc > Assuming 1.6g/cm......
View:
Post by KingoftheKong on Feb 10, 2009 8:56pm

Assuming 1.6g/cm......

through the 1.74 billion cm:

Volume CM 1,740,000,000
X Avg 1.6g/cm 2,784,000,000
X Avg 1.6g/cm  
X Troy Ounce Conversion 0.032150747
   
"= In ground based on 1.6g/cm avg 89,507,679
  Ounces
even at 40% this is golden -

KOTK
Comment by baconmaker on Feb 11, 2009 11:48am
Hey King of the Kong...Did you see that line of text at the end of the third paragraph that says..."It should also be noted that the average gold grade in the conglomerates, which is the primary mining target, is 2.6 grams per cubic metre. The 2.6 grams is significantly higher than the average grade of the samples tested."That throws a whole new light on the subject. Apparently the ...more