Gold at $1472

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3x10e6

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Gold at $1472

posted on Apr 08, 2011 05:55AM

Time to update the probable reserves value. Not inferred or indicated for all of you nay-sayers, just probable. remember, you have to use the scroll bar right to see the table.

Reserve Category

Quantity Ore (tons)

% Sb

Metal (tons Sb) @95% Recovery

Value/Ton Sb

Grade (Toz Au/ton)

Metal (Toz Au) @ 90% Recovery

Value/Toz Au

Total Value Sb

Total Value Au

Grand Total Gross Value

Mining Days @250 tpd

Net Value @ 60%

Value per Share (@2.9B Shares)

Potential SP @ P/E =15

1/7/2010, Probable

42,412.0

28.00%

11281.6

$14,500

0.408

15573.7

$1,472

$163,583,084

$22,924,466

$186,507,550

170

$111,904,530

$0.039

$0.58

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