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Message: Daydreaming

Daydreaming

posted on Feb 15, 2010 07:56AM

Hi, all,

I am trying to put some numbers together, hopefully with your help. The snow here has affected my brain cells and refuses to compute for me.

From MY understanding, we (slglf) can mine 1000tons per day or week? If so, I am aware that beased on the TB report I am using 5.5OZ per ton. Antimony is 3 dollars a pound.

If I am correct 1000tons = 5500oz of Au. 5500 x 900 dollarsoz = 4,950,000 in the books

1000tons x 2000lbston x 3= 6,000,000 dollars in the bank.

So we have a total of 10,950,000 in the bank minus expenses. What can I use as a figure for this? If this is a daily operation, holy smokes, what a deal we have here.

Thanks for any help.

Hey this is fun again.

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