Post by
OracleOfOttawa on May 25, 2011 11:25am
More fun with numbers...
So let's say we do dig up our 20 underground parking garages, and they are all right next to each other
So that is 60 feet down, 400 meters by 500 meters...
thats .4 km x .5 km = .2, that's point two, square kilometers (kilometres?) and we are only 60 feet down...
from wherever we started :)
last time i checked, we had around a 65 km stretch? say it is 1 km wide on average = 65 square km
so that leaves us with 64.8 square kilometers, and of course, could always dig more than 60 feet more down, and we have already gotten our market cap back.
yep, undervalued.
at this price, they say we have about 100,000 ounces of gold (x $1000/ounce = 100 million dollars)
yep, undervalued.