Re: Let's talk about burn rate a bit...-Snezzer

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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geoprof

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Re: Let's talk about burn rate a bit...-Snezzer

in response to

Let's talk about burn rate a bit...

snezzer

posted on Oct 17, 2008 12:59PM

Easy calculation. Just take the total expenses for the corporation in any given month and divide by the number of metres drilled during that same time period. Makes sense, doesn't it!!.........$$'s/metre drilled!! My math is good, my logic off the wall!!